Food processor Kenya Orchards’ #ticker:ORCH earnings for the half-year period ended June 30, 2018 have dropped, as Sanlam Kenya #ticker:PAFR issued a profit warning for the period ending December 31, 2018.
Kenya Orchards on Monday said it had posted a 17.09 per cent drop in net profit to Sh999,622 from Sh1.2 million recorded during the same period in 2017 as administrative expenses rose by 829.53 per cent to Sh1.7 million.
