FEBRUARY NEWSLETTER 2018 Feb Newsletter 2018 | Page 5

Corporate Performance Half year 2017/2018 We are pleased to note that our turnaround strategy continues to bear positive results as demonstrated in the First Half 2017/18 results below. However sales volumes and turnover was still below 2017/18 Budget. We call upon each one of us to pull harder to bridge the gap and ensure we close the year on a positive note. Lets keep up the team spirit. Half Yr. 2017/18 Performance Budget 2017/18 Half Yr. 2016/17 Performance Volumes-[M3] Turnover- Ksh.'000' Gross Margin - Ksh.'000' 143,743 191,995 136,928 12,707,978 16,644,144 11,323,445 877,469 1,200,576 1,059,045 Overheads- Ksh.'000' (594,791) (820,402) (604,734) Provision for KPRL- Ksh.'000' 285,526 - - Pretax profit- Ksh.'000' 323,471 261,581 91,295 Registered offices: KAWI Complex, Popo Lane, Off Red Cross Road, South C, Nairobi Kenya. Postal Address: P.O. Box 58567, 00100 Nairobi, Kenya Telephone: [phone] Fax: [phone] Email: [email protected] Website: www.nockenya.co.ke NationalOilKE NationalOilKE nationaloil