Eaagads Limited has reported its full financial year results. The company’s financial performance improved with pretax profit jumping to KSh1.7 million from a loss before tax of KSh 51.8 million in the previous financial year. This was a result of the year on year increase in coffee revenues by 115%. Eaagads’ sales grew to 416 […]
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Eaagads pretax profits jump to KSh1.7 million
Eaagads Limited has reported its full financial year results. The company’s financial performance improved with pretax profit jumping to KSh1.7 million from a loss before tax of KSh 51.8 million in the previous financial year. This was a result of the year on year increase in coffee revenues by 115%. Eaagads’ sales grew to 416 […]
Eaagads pretax profits jump to KSh1.7 million
Eaagads Limited has reported its full financial year results. The company’s financial performance improved with pretax profit jumping to KSh1.7 million from a loss before tax of KSh 51.8 million in the previous financial year. This was a result of the year on year increase in coffee revenues by 115%. Eaagads’ sales grew to 416 […]
Coffee firm Eaagads returns to profitability
The firm made a net profit of Sh2.65 million. FILE PHOTO | NMG Listed coffee producer Eaagads #ticker:EGAD returned to profitability in the year ended March 2019 after nearly trebling its coffee volumes amid higher export prices for the commodity. The firm made a net profit of Sh2.65 million in the period, compared to a […]
EAAGADS sinks deeper in the red as losses double to Ksh46.6 million
NAIROBI, KENYA, NOVEMBER 27 — Coffee company Eaagads Limited’s after-tax loss for the six months ended September 30 has widened by 127.3 per cent, as the firm faced stiff competition in the market. The Nairobi Securities Exchange (NSE) listed firm’s losses more than doubled to Ksh46.6 million from Ksh20.5 million, its latest financials show. Sales […]
Eaagads half year net loss doubles to Sh47 million
A woman picking ripe coffee beans. FILE PHOTO | NMG The company’s performance is as a result of reduced revenue and increased costs, condemning it to the loss zone like Williamson Tea and its affiliate Kapchorua Tea. While in six months of 2017 the firm had offered 162 tonnes for sale, it only offered 96 […]