An update from Kakuzi Ltd ( (GB:KAKU) ) is now available.
Kakuzi Ltd reported a pre-tax loss of Ksh 167 million for the year ended December 31, 2024, compared to a pre-tax profit of Ksh 664 million the previous year. This downturn was attributed to adverse weather conditions affecting avocado production, currency fluctuations impacting income, and geopolitical tensions disrupting export routes. The company has proposed a reduced dividend of Shs 8 per share, down from Shs 24 per share in 2023, reflecting the challenging year.
More about Kakuzi Ltd
Kakuzi Ltd is a company operating in the agricultural industry, primarily focusing on the production and export of avocados and other agricultural products. The company is affected by market conditions such as weather, currency fluctuations, and geopolitical issues.
Technical Sentiment Signal: Sell
Current Market Cap: £46.81M
For a thorough assessment of KAKU stock, go to TipRanks’ Stock Analysis page.