Kenya Airways (KQ) posted a net profit of KES2.03 billion ($21.3 million) for its fiscal year first-half ended Sept. 30, up 41.6% from KES1.4 billion in the year-ago period. It noted the improved profitability was realized despite the challenging economic and geopolitical environment and said it was “optimistic” for continued improvement in the second half. Fiscal first-half revenue rose 33.3% year-over-year to KES54.9 billion but direct operating costs rose by 52.5% to ...

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