Sasini raises profit outlook on strong dollar, tea price spikes

Some of the coffee and tea brands marketed by Sasini Ltd. FILE PHOTO | ANTHONY KAMAU | NMG

Agricultural firm Sasini has said it sees a boost in its full-year core sales and earnings, encouraged by higher global coffee and tea prices on tightening of supplies from key producer markets like Brazil and Vietnam.

Sasini chief executive Martin Ochien’g speaking on Tuesday at a virtual investor briefing said the weakened shilling also spells better times for its exports.

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