Flame Tree issues profit warning on excluded insurance claim

Flame Tree Group (FTG) expects its profits for the financial year ended December 2025 to drop significantly by at least 25%, reversing the profit of Sh201.8 million from the previous year. The company attributed this situation to the absence of a non-recurring insurance income of Sh293.5 million that had contributed to its profitability. FTG also reported a gross loss of Sh76 million for the first half of 2025 due to inflationary pressures and high finance costs.