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South Nyanza Sugar Company posted a pre-tax profit of Sh113 million within the first quarter of the financial year 2024-2025 after a 14-year hiatus. This comes as it continues to grapple with farmer's arrears, legal battles, and other debts.
The miller attributed the profit to a high cane conversion ratio, and improved cane supply and production efficiency. Managing Director Martine Dima said the earnings were made after more than a decade of losses.
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