Unga narrows full year loss to Sh669.5m on lower costs

Workers load flour on to a truck for dispatch at Unga Limited plant in Eldoret.

Photo credit: File | Nation Media Group

Manufacturer Unga Group Plc has narrowed its loss for the year ended June 2024 to Sh669.5 million from Sh959.3 million previously, on lower costs.

The firm has attributed the lower costs to improved efficiencies in its operations and a one-off foreign exchange gain as the Kenyan shilling strengthened in the first half of 2024, reducing its finance costs.

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