Kenyan Wall Street | by Jackson Okoth
Limuru Tea Plc has issued an alert to shareholders that the Company’s performance is expected to record a decline in net profits for the financial year ended 31st December 2020
“The board is of the view that the estimated decrease for the period is due to lower tea prices that were realized in 2020 on account of rising cost of production and a global downturn triggered by the COVID-19 pandemic,” said Alison I.N Kariuki, the listed firm’s Company Secretary…
