Kenyan Company Issues Fifth Profit Warning in Five Years
Originally published by The Kenya Times ~ Trending, Breaking News and Videos — Read the original article →
The Kenya Times ~ Trending, Breaking News and Videos
Kenyan Company Issues Fifth Profit Warning in Five Years
Kenyan agricultural company Kakuzi Plc has issued its second profit warning of 2026 after its half-year profit plunged 97.6 per cent to KSh7.11 million, driven by falling macadamia prices, lower avocado production, and export shipping challenges. The company said on October 21 that its full-year net earnings would be significantly below the previous year’s results, […]
This post Kenyan Company Issues Fifth Profit Warning in Five Years first appeared on The Kenya Times ~ Trending, Breaking News and Videos and is written by Annah Nanjala Wekesa
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