Serena Hotels - Announcing a Sh870.87 Million Net Profit

Serena Hotels - Announcing a Sh870.87 Million Net Profit

The East African

TPS Eastern Africa posted a Sh870.87 million net profit for the financial year ended December 2023. The latest profit is a growth from Sh379.69 million posted in the previous year. TPS said its portfolio of 22 hotels, resorts, safari lodges, and camps within the Eastern Africa region regained its footing. Revenue from contracts with customers rose by 48 percent to Sh9.68 billion.

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