Browsing: Kakuzi (Plc)

Kenya's Rose Flower exports face EU Scrutiny
  • Kakuzi Plc has posted a profit of $6.4 million for the financial year ended 31st December 2022, a 62 percent increase compared to the previous year.
  • Total sales revenue amounting to $33 million, up from $24.5 million posted the previous year,  boosted by higher production of avocados and additional sales for forestry, livestock, and blueberry produce in the local market.
  • Kakuzi shareholders will enjoy an 8 percent per share dividend paid at $0.18 (Sh24)rate as recommended by the board.

Agricultural firm Kakuzi Plc has posted a profit of $6.4 million for the financial year ended 31st December 2022, a 62 percent increase compared to the previous year.

Total sales revenue grew to $33 million up from $24.5 million posted the previous year, boosted by additional sales for forestry, livestock, and blueberry produce in the local market.

Kakuzi shareholders will enjoy an 8 percent per share dividend paid at $0.18 (Sh24) …

Kakuzi
  • Kakuzi Plc to double Avocado exports to China following an engagement with Dalian Yidu Group, a major Chinese importer of fresh fruits and vegetables
  • The firm said it is set to enhance its exports to China once the harvest season opens late next month
  • Kakuzi has also expanded its Avocado orchards by a further 60 hectares, up from 927 hectares at a KSh120 million investment cost, to expand production 
  • The firm posted KSh 341.3 million in net profit in the six months that ended June 2022, thanks to increased sales, particularly against the firm’s strategic Avocado and Macadamia crops

Kakuzi Plc has confirmed plans to double Avocado exports to China following an engagement with Dalian Yidu Group, a major Chinese importer of fresh fruits and vegetables.

Kakuzi Plc Managing Director Chris Flowers said the firm is set to enhance its exports to China once the harvest season opens late next …