The Kenya Tea Development Agency (KTDA) Holdings profit rose nearly 59 percent in the year ending June 30, 2018 as it benefited from increase in global commodity prices and higher sales.
Revenues as a result of higher sales rose by 13.4 percent to Sh26 billion even as global prices rose by a lower margin of 0.3 percent or one US cent. This helped push profit after tax to Sh1.84 billion from Sh1.16 billion in the previous year.
