Williamson Tea Kenya posted a half-year net profit of about KSh 284-291 million, reversing a loss a year earlier. Kapchorua Tea Kenya also reported results on Thursday, with net profit up 37.9% to KSh 131.2 million.
Williamson Tea Kenya Plc is back in profit. The tea producer reported results on Thursday for the first half of its 2027 financial year. A year earlier, it made a loss.
Reports differ slightly on the size of the profit. Business Daily put it at Sh291 million. Business Today reported a net profit of KSh 284.1 million on revenue of KSh 2.11 billion.
According to Business Today, operating profit before tax came in at KSh 260.5 million. In the same period last year, the company posted an operating loss of KSh 111.6 million.
Kapchorua Tea Kenya Plc released its half-year results on the same day. Business Today reported that its net profit rose 37.9% to KSh 131.2 million. Operating profit before tax rose 77.4% to KSh 133.4 million. Revenue reached KSh 932.7 million.
Kapchorua's fair value gains on biological assets fell 18.4% to KSh 32.2 million, Business Today said. Finance income came to KSh 28.1 million.
SourcesBusiness Daily, Business Today Kenya: Williamson Tea, Business Today Kenya: Kapchorua Tea
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