Carbacid Investments Plc 2022 Annual Report

Carbacid Investments Plc (CARB.ke) 2022 Annual Report

By Published On: November 29, 2022TYPE: Annual ReportsYear: 2022Period: Country: KenyaSector: Industrial holding

Carbacid Investments Plc (CARB.ke) listed on the Nairobi Securities Exchange under the Industrial holding sector has released it’s 2022 annual report.

For more information about Carbacid Investments Plc (CARB.ke) reports, abridged reports, interim earnings results and earnings presentations visit the Carbacid Investments Plc (CARB.ke) company page on AfricanFinancials.

Indicative Share Trading Liquidity

The total indicative share trading liquidity for Carbacid Investments Plc (CARB.ke) in the past 12 months, as of 1st November 2022, is US$959.35K (KES113.89M). An average of US$79.95K (KES9.49M) per month.

Carbacid Investments Plc 2022 annual report

Company Profile

Carbacid (CO²) Investments Plc is a leading producer of natural food grade carbon dioxide in East Africa. The company extracts carbon dioxide gas from natural underground reservoirs which are purified on site to produce natural, certified food grade (99.99% purity) for use in carbonate water, soft drinks and alcoholic beverages. The CO² is Halaal certified. Compressed carbon dioxide sold by Carbacid Investments Limited is used by the industry sector for MIG welding and applications for fire extinguishers. Formerly a sub-division of BEA Sawmills Limited, the company was founded in 1975 through various mergers and acquisitions and renamed Carbacid Investments Limited. It supplies major drinks bottlers and breweries in Kenya, Uganda, Tanzania, Ethiopia, Southern Sudan, Somaliland, Malawi, Zambia, Rwanda and Burundi. Carbacid Investments Plc is listed on the Nairobi Securities Exchange