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BOC Kenya Plc (BOC) Realtime Stock Quote | Nairobi Securities Exchange | myStocks

BOC Kenya Plc (BOC)

   
End of day - May 30, 2023
82.00
-2.50 (-2.96%)
84.50
Previous
 82.00   -2.50 (-2.96%)
End of day - May 30, 2023
82.00
High
82.00
Low
100
Volume
8,200.00
Turnover
 65.00 - 92.25
52-week Range
 
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Market Commentary

Carbacid released its mid year results to January 2014. The manufacturer produced a profit of 235 compared to 264 in the first half of last financial year, a 10.98% decline.

Brief Company Profile

Market Segment: Main Investment Segment
Sector: Manufacturing and Allied

BOC Kenya Limited is engaged in the manufacture and sale of industrial gases, medical gases and welding products. The Company operates in three segments: Kenya, Tanzania and Uganda. The Company offers special products such as helium, pure gases, mining calibration mixtures, process gases, refrigerants, packaged chemicals, fire suppression, equipment, laser gas and scientific mixtures; industrial gases, such as oxygen, nitrogen, air, argon, carbon dioxide, hydrogen, acetylene and shielding gases, and liquefied petroleum gas (LPG), such as handigas, autogas and propane. The Company's gases are used across a range of industries, such as aerospace and defense, chemicals, construction and infrastructure, electronics, food and beverages, medical, metal fabrication, power and energy, and rubber and plastics. The Company has four subsidiaries: East African Oxygen Limited, BOC Tanzania Limited, BOC Uganda Limited and Kivuli Limited. The parent Company of BOC Kenya Limited is BOC Holdings and the ultimate holding Company is Linde AG. The Linde Group (Linde) is incorporated in Germany and is listed on the German Stock Exchange (where it forms part of the DAX 30 share index).

“The Company has commissioned its new oxygen filling facility in Mwanza, Tanzania which is intended to reduce distribution costs from Nairobi and improve product availability in that region. The company strategy to enhance competitiveness is focusin on operational efficiency and return on assets. The company strategy has also been heavy on capital expenditure to ensure more timely availability of packaged gases to new and existing customers, an efficient turn-around of empty cylinders for re-filling at production facilities and reduced distribution costsg. 

Jan 16, 2017
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