Listed retail store Uchumi Supermarkets swung to a loss after tax of Sh3.2 billion for its year ended June from a profit of Sh491 million in the previous period, it said on Friday.
Uchumi's new management has been working on a turnaround plan to return the business to profit.
The supermarket had earlier issued a warning that its earnings will be at least 25 per cent lower than those of 2014.
Uchumi has put its assets up for sale to free up capital while closing its branches in the region to cut costs.
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