Limuru Tea issues profit warning on higher costs

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Nairobi Securities Exchange (NSE) trading floor. FILE PHOTO | NMG

Limuru Tea Plc joins 13 other companies that have issued profit warnings to investors since last year, citing higher costs and a valuation decline on assets.

The Nairobi Securities Exchange-listed firm adds to the list of other agricultural companies to warn shareholders of a lower profit by at least a quarter including Kakuzi and Sasini.

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