Kenyan Wall Street | by Jackson Okoth
Kakuzi Plc, a Kenyan agricultural listed at both the Nairobi Securities Exchange(NSE) and the London Stock Exchange, has reported a 13% decline in net profit to KSh 622 Million at the close of the period ended 31st December 2020.
This is compared to a net profit of KSh 713.4 the previous year.
“The pandemic created significant disruption in our main European markets with the almost complete closure of the Food Service sector. Despite this, demand for avocados remained resilient through the retail sector and was…
