AGRICULTURE firm Kakuzi has warned that earnings for the financial year ending December 31 may fall by at least 25 per cent compared to last year’s as Europe’s recession and a strong shilling hit its exports. The listed firm, which mainly exports tea and avocado, said it anticipates the drop since its nine-month financial results already indicate slowed profit growth. “This profit warning announcement is based on the performance indicated by the unaudited results to 30th September 2012 with reference to information currently available,” it said in a press notice...
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