Kakuzi stock plunges 37pc despite record earnings

KAKUZI

The entrance to the Kakuzi factory in Makuyu, Muranga County. FILE PHOTO | NMG

Kakuzi’s share price plunged 37.5 percent on Wednesday when it announced record earnings and dividends, setting the agricultural counter on a long path to recovery.

Market data shows that 2,000 shares were traded on that day, valuing the transaction at Sh480,000.

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