TPS Eastern Africa, the operator of Serena Hotels, has posted a Sh870.87 million net profit for the financial year ended December 2023, marking a 2.3 times jump from the previous year on increased business.
The latest profit is a growth from Sh379.69 million posted in the previous year and translates to record earnings, overtaking the previous peak net income of Sh615.8 million in 2011.
TPS said its portfolio of 22 hotels, resorts,…
