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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Kakuzi Reports KSh 295.5 Million Half-Year Profit Amid Avocado and Tea Pressure - August 2025
Kakuzi Plc reported a net profit of KSh 295.5 million for the half-year ended June 30, 2025, with total revenue climbing to Sh1.51 billion. Despite the 28.6% increase in revenue, the agribusiness firm's net profit dropped by 14.9%. The profit decline was primarily attributed to weaker avocado valuations and lower tea prices. The downturn was offset by strong performances and increased revenues from the company's macadamia and blueberry divisions. These divisions were the primary drivers of growth for the Nairobi Securities Exchange-listed firm during this period.
