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Originally published by Capital Business
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business
August 20, 2025
1d ago

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

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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