Stanbic 1H23 Financial Results Presentation
SUMMARY PERFORMANCE OF SBG SECURITIES
June 2023
KES M
June 2022
KES M
Change
%
Brokerage commission
Other revenue
52.2
57.5
(9%)
234.2
55.7
>100%
Total income
286.5
113.2
>100%
Total expenses
(99.2)
(97.9)
(1%)
Profit before tax
187.2
15.3
>100%
Tax
(27.4)
(5.4)
>(100%)
Profit after tax
159.8
9.8
>100%
25 | STANBIC 1H23 FINANCIAL RESULTS PRESENTATION
Key Takeouts
ā
This performance reflects:
Significant growth in revenue year on
year, mainly driven by advisory revenue
A 9% decline in brokerage revenue, driven
by a 32% year on year decrease in
equities market turnover, which was
partially offset by growth in market share
Overall, SBG Securities was ranked 1st in
equities trading market share, compared to
the 3rd position held in the previous year.
Market share improved from 12% as at end of
June 2022 to 47% as at June 2023View entire presentation