Macadamia, blueberries lift Kakuzi to Sh295.5mn H1 profit despite avocado slump

The company’s avocado division posted a half-year profit of Sh395 million, down from Sh951 million in 2024, a dip the Nairobi Securities Exchange (NSE)-listed firm attributed to lower crop valuation. Kenya breaking news | Kenya news today |..
✨ Key Highlights
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.
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