Home Business Sasini Plc posts net profit of KSh 12.6 million

Sasini Plc posts net profit of KSh 12.6 million

avocado processing, export processing, agriculture
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Kenyan Wall Street | by Jackson Okoth


Sasini Plc, a listed coffee and tea producer, posted a net profit of KSh 12.6 Million for the financial period ended 30th September 2020. This is compared to a net loss of KSh 337.7 Million over the prior fiscal year.

Profit from operating activities went up 124% to KSh 74.25 Million from a loss of KSh 314.19 Million the previous year.

The firm’s yearly financial performance was buoyed by improved coffee prices on the world market and enhanced performance of its avocado business…

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