Nairobi, Jan. 12 -- Agricultural firm Sasini reported a net profit of Sh177.3 million in the year ended September 2025, helped by higher sales and an increase in the value of its plantations.
The company had posted a net loss of Sh562.8 million the year before. Despite the return to profitability, the Nairobi Securities Exchange-listed firm maintained its suspension of dividend payouts for the second year.
"In view of the results, the directors do not recommend the payment of a dividend," the company said in a statement.
Sasini last paid a dividend of Sh0.5 per share or a total of Sh114.2 million in the year to September 2023 when its net income fell 53.5 percent to Sh542.5 million from the prior year's Sh1.16 billion.
In the year end...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.