Crown Paints Kenya Plc (CRWN)

42.60   0.55 (1.31%)
End of day - May 30, 2023
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52-week Range
Sector:Construction and AlliedShares Issued:142.36MMarket Cap.:6.06B
Segment:Main Investment SegmentAvg. Vol. (1m):1,055BETA (^NASI)
Year End:December 31Dividend/Share:-Earnings/Share:-
Par Value:0.00 (Ordinary) PE Ratio:-Dividend Yield:%
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About Crown Paints Kenya Plc

Crown paints Kenya limited is engaged in the manufacture and sale of paints, adhesives, decorating sundries, polyvinyl acetate (PVA) emulsion and alkyd resins.  Crown is also in automotive paints in its portfolio through PPG-Nexa Autocolour and Plascon South Africa. The Crown Automotive division also manufactures under the brand Duco.

Having established the Kenyan home market, focus has spread to take on east Africa. This includes a factory in Uganda, branded Regal Paints. Three depots have been opened in Tanzania namely Dar-es-Salaam, Arusha and Mwanza with plans place for Ethiopia and Southern Sudan. Crown has sort and obtained international brand partnerships for product lines which provide solutions e.g Flooring and subsequently focusing on the oil gas subsectors.

Jan 16, 2017
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