Limuru Tea PLC H1 Loss Widens to KShs 22.2 M on Rising Costs
Limuru Tea PLC has posted a deeper half-year loss for the six months ended June 2025 despite modest revenue growth..
✨ Key Highlights
Limuru Tea PLC reported a significantly wider net loss of KShs 22.2 million for the first half of 2025, a sharp increase from a KShs 6.8 million loss in the same period last year, primarily due to escalating labour costs despite modest revenue growth.
- The net loss widened to KShs 22.2 million, translating to earnings per share of KShs -9.25.
- Limuru Tea PLC, a listed agricultural company, cited rising labour and production costs as key factors.
- Turnover increased by 8% to KShs 56.8 million, and tea volumes rose by 5% to 433 tons, but these gains were overshadowed by operational cost pressures.
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Kenyan Companies Report Mixed Financial Results for 2025 - September 2025
Several Kenyan companies reported their financial results, showing varied performance. Home Afrika Limited reported a 14.6% profit increase to KSh 192.4 million for the first half of 2025, driven by higher revenues and successful debt restructuring. In contrast, Nairobi Business Ventures PLC (NBV) saw its profit after tax for the year ended March 31, 2025, fall by 11% to KSh 32.2 million due to a collapse in its trading arm. Limuru Tea PLC's net loss for the first half of 2025 widened significantly to KShs 22.2 million, up from a KShs 6.8 million loss in the same period last year, which was attributed to rising labour costs. Meanwhile, East African Cables Plc, which is under administration, narrowed its net loss for the first half of 2025 to KSh 190 million from KSh 275 million in H1 2024.
