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NAIROBI, KENYA: Kapchorua Tea Kenya PLC has announced that its earnings for the financial year ending March 31, 2019, could be at least 25 per cent lower than those reported during the same period the previous year.
According to the firm’s Chairman Ezekiel Wanjama, the anticipated decline in full year’s profit is attributed to uneven and unprecedented weather patterns, rising labour costs and lower prices fetched during the period.
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