Kakuzi, an agribusiness firm, reported a net profit of Sh295.5 million for the first half of 2025, a significant increase from increased revenues. This growth was primarily driven by strong performances in its macadamia and blueberry divisions, which offset a downturn in the avocado market.

• Achieved a revenue increase to Sh1.51 billion from Sh1.17 billion in the same period last year.
• Kakuzi Managing Director Chris Flowers attributed the growth to strategic operational measures despite market challenges.
• Avocado division profit dropped to Sh395 million from Sh951 million in 2024 due to lower crop valuation, impacting the Nairobi Securities Exchange (NSE)-listed firm.
• Macadamia division profit surged to Sh319 million from Sh32 million, while blueberry production earned Sh13 million, a turnaround from a Sh17 million loss.

Kakuzi Plc reported a 14.9% drop in net profit to KSh 295.5 million for the half-year ended June 30, 2025, despite a sharp 28.6% increase in revenue to KSh 1.51 billion. The profit decline was primarily due to weaker avocado valuations and lower tea prices, while macadamia and blueberry operations saw improved performance.

• Avocado earnings significantly decreased to KSh 395 million from KSh 951 million.
• Kakuzi Plc Managing Director Chris Flowers noted international avocado markets were well supplied and supply chain challenges were stabilizing.
• The macadamia division’s profit surged to KSh 319 million from KSh 32 million, supported by buoyant global demand.

Kakuzi Plc, a Nairobi Securities Exchange (NSE)-listed agribusiness firm, reported a Sh295.5 million net profit in its half-year 2024 trading results, with total revenue climbing to Sh1.51 billion.

• Total revenue for Kakuzi increased to Sh1.51 billion in the first half of 2024, up from Sh1.17 billion in the same period last year.
• Managing Director Chris Flowers attributed the performance to strategic operating strategies amid a challenging environment, noting that avocado profits decreased to Sh395 million from Sh951 million in 2024 due to lower crop valuation, while macadamia profits surged to Sh319 million from Sh32 million.
• The firm also successfully made its blueberry venture profitable, recording a Sh13 million half-year profit, reversing a Sh17 million loss from the prior year.