Kakuzi half-year net earnings decline to Sh245.58m

The sale and export of avocado is the main income stream for the agricultural company. FILE PHOTO | NMG

Kakuzi #ticker:KUKZ has posted a 9 percent decline in net profit for the half year to June of Sh245.58 million down from Sh270.45 million over lower revenues from tea.

The company says it also posted lower valuation due to reduced unharvested avocado crop.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.