Kakuzi Share News (KAKU)

IN BRIEF: Kakuzi expects full-year earnings drop on Macadamia decline

Kakuzi PLC - Nairobi-based plantation operator - Says full-year net earnings may be at least 25% lower year-on-year from KSHS845.8 million, or GBP1.7 million, driven by loss in its Macadamia business due to a"significant decline" in demand and price in China, Japan and the US. However, Kakuzi says other crops are performing as expected and anticipates a strong performance from its Avocado business.

IN BRIEF: Kakuzi profit hurt by macadamia glut; avocado market blooms

Kakuzi PLC - Nairobi-based plantation operator - Says in the six months to June 30, pretax fell by 66% to KSHS117.5 million, or GBP642,203, from KSHS341.3 million a year prior, while revenue plummeted to KSHS873.2 million from KSHS1.03 billion the year before. Adds earnings per share dropped 66% to KSHS5.99 from KSHS17.41 a year ago. Notes challenging macadamia markets due to a surplus, but says avocado profits more than doubled to KSHS654.8 million from KSHS288.8 million the year before.

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EARNINGS SUMMARY: Genel narrows loss; NAHL led by Personal Injury arm

(Alliance News) - The following is a round-up of earnings by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

EARNINGS UPDATES: Surgical Innovations and KRM22 narrow loss in 2021

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

Kakuzi earnings drop due to low avocado yields and low EU prices

Kakuzi earnings drop due to low avocado yields and low EU prices

IN BRIEF: Kakuzi interim profit rises despite sales dip, dim outlook

IN BRIEF: Kakuzi interim profit rises despite sales dip, dim outlook

IN BRIEF: Kakuzi ups payout despite hurt profit on legal proceedings

IN BRIEF: Kakuzi ups payout despite hurt profit on legal proceedings

UK EXECUTIVE CHANGE SUMMARY: Kakuzi Acts To Prevent Human Rights Abuse

UK EXECUTIVE CHANGE SUMMARY: Kakuzi Acts To Prevent Human Rights Abuse

Kakuzi First Half Hit By Tea Glut And Avocado Market Lockdown Hurt

Kakuzi First Half Hit By Tea Glut And Avocado Market Lockdown Hurt

Kakuzi Non-Executive Director Kenneth Tarplee Dies

Kakuzi Non-Executive Director Kenneth Tarplee Dies

Camellia Ups Interim Dividend Despite Tea Price Fall Hurting Trading

(Alliance News) - Agriculture firm Camellia PLC on Thursday raised its dividend despite interim revenue declining amid a fall in tea prices.In the six months to June 30, pretax profit fell

Kakuzi Annual Profit Drops On Lower Avocado Prices, Oversupply

LONDON (Alliance News) - Kenyan plantation owner Kakuzi Ltd on Friday reported a drop in profit for 2018 due to lower avocado prices.For the year, Kakuzi posted a pretax profit of KES684.1

Kakuzi Interim Profit Jumps Though It Warns On Unpredictable Outlook

LONDON (Alliance News) - Kakuzi PLC on Wednesday reported a rise in both interim revenue and profit, but warned the second half of 2018 will be difficult to predict.Kenya-based Kakuzi, is a

Kakuzi Profit And Revenue Up On Good Avocado, Tea And Tree Sales