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Sasini issues profit warning after 86pc drop in half-year profit
Sasini coffee and tea products. The firm has issued a profit warning after half-year net profit dropped by 86 per cent. Photo/File
NSE-listed agricultural firm Sasini issued a profit warning Friday after recording an 86 per cent drop in half-year net profit attributed to low tea prices and a decline in coffee volumes.
The firm’s after-tax profit for the six months to March 2014 fell to Sh28 million from Sh200m posted for a similar period last year.
