Prime

Limuru Tea issues profit warning on higher costs

Women picking tea leaves at a tea plantation in Limuru, Kiambu County on June 5, 2023.

Photo credit: File | Nation Media Group

By  George Ngigi

Correspondent

Nation Media Group


Agricultural listed firm Limuru Tea expects to sink deeper into losses by at least 25 percent for the full year ended December 2025, citing rise in wages and decrease in market prices.

Related

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.

Get it First!

Stay up to date on the editors' picks of the week.

Latest

  1. PRIME ‘I never borrow or lend money’: The CEO shaped by his father’s lessons

  2. PRIME Digital traffic attacks on Kenyan websites surge 114pc in a year

  3. PRIME Oil drilling rig lands at Mombasa

  4. PRIME Hyrox: The latest fitness craze in Nairobi

In the headlines

View All