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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Kakuzi Ld | LSE:KAKU | London | Ordinary Share | KE0000000281 | STK KES5 |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 92.50 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| General Farms,primarily Crop | 5.4B | 453.52M | 23.1386 | 0.04 | 18.13M |
TIDMKAKU
RNS Number : 7697V
Kakuzi Ld
06 December 2023
Hot Features
Premium
PROFIT WARNING ANNOUNCEMENT FOR THE FINANCIAL YEAR ENDING 31(ST)
DECEMBER 2023
Kakuzi Plc ('The Group') makes this announcement pursuant to the
Capital Markets Authority
regulations for publicly listed companies.
The Group currently forecasts that net earnings for financial year
2023 may be at least 25%
lower than those of financial year 2022.
This anticipated drop in full year net earnings is mainly as a
result of our Macadamia business
which is expected to post a loss due to a significant decline in
demand and price in the global
markets of China, Japan and the USA.
However, our other crops are performing as per expectations with a
strong performance expected
from Avocado.
This profit warning announcement is based on the performance to
date with reference to information
currently available.
By order of the Board
N NG'ANG'A
Chairman
5(th) December 2023
------------------------------------------------------------------------------------------------------------------
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END
MSCMZMGZVKLGFZM
(END) Dow Jones Newswires
December 06, 2023 02:00 ET (07:00 GMT)
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