Home Business Sasini back to profit amid Covid woes

Sasini back to profit amid Covid woes

avocado processing, export processing, agriculture
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Business Daily | by Patrick Alushula


Agricultural firm Sasini has bounced back to profit on the back of increased revenues and reduced costs, defying the Covid-19 disruptions that had cut market for products like macadamia.

Trading results for the financial year ended September 2020 show that the Nairobi Securities Exchange-listed firm recovered from a Sh337.74 million net loss to a net profit of Sh12.61 million.

The return to profitability came in the period in which revenues rose by 48.4 percent to Sh4.14 billion supported by increased exports and…

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