Sameer Africa PLC
SMER.NR – NAIROBI STOCK EXCHANGE
Business Description
Sameer Africa PLC is a Kenya-based company. The Company’s principal business is the importation and sale of tires and allied products and the letting of investment property. It operates primarily in Kenya, with tire operations in Tanzania, Uganda, and Burundi. The Company operates through four segments: Sourcing and Distribution, Regional Operations, Yana Tyre Centre, and Rental Business. The Sourcing and Distribution segment is engaged in the sourcing, buying and distribution of tires, tubes, and flaps. The Regional Operations segment is engaged in the buying and distribution of tires, tubes, and flaps in the Eastern Africa region. The Yana Tyre Centre segment is engaged in retailing of tires, tubes and flaps and provision of tire related services. The Rental Business segment is involved in the letting of investment properties. It offers various services, including wheel balancing, wheel alignment, wheel fitting, battery replacement, diagnostics, and general service.
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Financial Summary
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