Sameer Africa PLC

Sameer Africa PLC, listed on the Nairobi Securities Exchange, was historically a tyre manufacturing and automotive parts business but has transitioned into a real estate and investment holding company, with the bulk of its balance sheet now concentrated in investment property (the Sameer Business Park) and an equity stake in an associate. Reported revenue reflects rental and related income rather than manufacturing sales. The company has shown a steady turnaround from a weak equity position in FY2020 (KES 114.7 million) to over KES 1 billion in shareholders' equity by FY2025, aided by consistent profitability, full repayment of long-term debt by FY2024, and rising fair-value-driven investment property income supplemented by equity-accounted earnings from its associate.