Listed agricultural firm Kakuzi Plc has issued a profit warning for the year ending December 31, 2024, citing lower turnover from avocado exports as well as supply chain disruptions due to prevailing tensions in the Middle East.
The firm expects its net earnings for the year to drop by at least 25 percent, meaning it will not surpass three-quarters of the Sh453.5 million net profit reported by the firm during the year to December 2023.
