BAT Kenya is selling the machinery installed at its oral nicotine pouches factory in Nairobi which has been dormant for nearly five years as the government withholds a license for commercialisation of the new product.
The cigarette-maker announced the decision on Thursday in a commentary accompanying the financial results for the six months ended June 2024, in which net profit dropped by 24.3 percent to Sh2.14 billion on lower sales and higher finance costs.
