Agricultural firms Williamson Tea Kenya and its affiliate Kapchorua Tea recorded improved results for the half year ended September, riding on lower operating expenses even as management said the outlook remains uncertain due to weak demand.
Williamson narrowed its half-year loss to Sh10 million compared to a Sh122 million loss posted a year earlier. Meanwhile, Kapchorua's profit grew more than fivefold to Sh95.1 million from Sh18.2 million in a similar period last year.
