Listed coffee grower Eaagads has issued a profit warning for the financial year ending March 2024, citing a reduction in the volume of coffee offered to the market.
In a public notice on Thursday, Eaagads said the earnings for the period are projected to be lower by at least a quarter of the net income reported for a similar period last year, meaning the firm’s profit for the ending year will not surpass the Sh10.8 million booked last year.
