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High costs to hit Sasini Plc’s full year profit
Sasini PLC Group Managing Director Martin Ochieng' with chairman Dr James McFie during the investor briefing at the Nairobi Serena Hotel on January 26, 2023.
Supply chain disruption and inflated production costs have driven agricultural firm Sasini to issue a profit warning for the year ending September 30, 2024, indicating that it will post a maximum net income of Sh406.9 million in the period.
The grower has observed disruptions in its route to export markets even as it is hit at home by higher than expected production costs.