Poor weather conditions have sunk Limuru Tea Company into losses, condemning investors to a dividend drought.
Unaudited results for the six months of trading ended June 30, 2017, saw the Nairobi Securities Exchange-listed firm register a loss of Sh4.51 million, a 203 per cent drop in earnings from a profit position of Sh4.37 million the previous year.
Chairman Richard Korir said erratic weather conditions, especially in the first half of the year, were to blame for the loss.
