Agricultural firm Sasini Plc invested an additional Sh444.1 million in its subsidiaries through which it is pursuing growth and diversification. The company says its latest annual report that it raised its investments in its nuts, industrial park and avocado units in the year ended September. The firm invested Sh224 million in Sasini Nuts EPZ Kenya […]
Workers pick tea at a farm in Kericho. FILE PHOTO | NMG Agricultural firm Sasini Plc invested an additional Sh444.1 million in its subsidiaries through which it is pursuing growth and diversification. The company says its latest annual report that it raised its investments in its nuts, industrial park and avocado units in the year […]
Sasini Plc sent home 1,364 in the year ended September 2020, attributed to the effects of the Covid-19 pandemic on the economy. The agricultural firm with a focus on tea and coffee ended the year with 2,520 employees, becoming one of the biggest job cuts in Kenya for a listed firm. This was despite the […]
KEY POINTS The top mover of the day was Safaricom Plc after selling 10.61 million shares followed by Co-operative Bank who sold 2.77 million shares. Equity Group, KCB Group, and KenGen sold 1.36 and 1.21 million. Kenya Power and Lighting Company emerged as the top gainer of the day at the Nairobi Securities Exchange (NSE) […]
Workers pick tea at a farm in Kericho. FILE PHOTO | NMG Agricultural firm Sasini Plc reduced its workforce by 1,364 in the year ended September, marking one of the largest job cuts by a Kenyan listed company during the Covid-19 pandemic era. The company ended the period with a total of 2,520 employees across […]
KEY POINTS KCB Group was the top mover of the day after selling 5.02 million shares followed by Safaricom with 3.18 million shares. Kenya Power and Kenya Re-Insurance sold 1.48 and 1.06 million Nairobi Securities Exchange was the top gainer of the day with 7.82 percent at the price of 9.10 shillings per share followed […]
Sasini Kenya will hold its 2021 AGM on March 5th 2021 via Electronic Means.
Grower Sasini Plc has returned to profitability booking a Ksh.12.6 million profit for the year running to the end of September 2020. This to reverse a Ksh.337.7 million loss booked in 2019 on the back of improved cost containment. Sasini’s turnover rose by 48 per cent to Ksh.4.1 billion from Ksh.2.8 billion a year earlier […]
NAIROBI, Kenya, Jan 15- Sasini Limited has recorded a profit of Sh12.61 million in its financial results for the year ended September 30 2020, compared to a loss of Sh337.74 million it registered in a similar period last year. The Group’s company secretary Lawrence Kibet through a statement said the rise in profit has been […]
Some of the Sasini products. FILE PHOTO | NMG Agricultural firm Sasini has returned to profitability after sales increased by nearly half, outpacing growth in costs, the publicly-traded firm reported on Thursday. The company, which largely deals in large-scale tea, coffee, macadamia and avocado farming and production, reported a profit of Sh12.61 million for the […]
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