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Sasini targets new markets in post Covid-19 expansion drive


Sasini targets new markets in post Covid-19 expansion drive
Summary
Agricultural firm Sasini is looking to expand to markets in Asia, North America and Middle East beyond its current Europe stronghold to boost sales of products.
The firm, which last year invested an additional Sh444.1 million in its subsidiaries through which it is pursuing growth and diversification said potential business in its new markets like China and Japan would boost its overall growth.
Tuesday May 25 2021
By BRIAN NGUGI
Summary
Agricultural firm Sasini is looking to expand to markets in Asia, North America and Middle East beyond its current Europe stronghold to boost sales of products. ....

United States , Martin Ochieng , James Mcfie , North America , Middle East , Martin Ochien G , Business Daily , ஒன்றுபட்டது மாநிலங்களில் , மார்டின் ஓச்சிேன் , வடக்கு அமெரிக்கா , நடுத்தர கிழக்கு , வணிக தினசரி ,

Sasini returns to profit on increased sales


Sasini returns to profit on increased sales
Thursday January 14 2021
By CONSTANT MUNDA
Agricultural firm Sasini #ticker:SASN has returned to profitability after sales increased by nearly half, outpacing growth in costs, the publicly-traded firm reported on Thursday.
The company, which largely deals in large-scale tea, coffee, macadamia and avocado farming and production, reported a profit of Sh12.61 million for the year ended September 2020 from a loss of Sh337.74 million a year earlier.
The earnings were largely lifted by a 48.32 percent growth in revenue to Sh4.14 billion, a slightly faster climb than 41.10 percent in direct costs to Sh3.33 billion.
Shareholders, who got a Sh0.50 dividend per share last year despite the firm posting a loss, will, however, miss out this year after the board failed to recommend a payout. ....

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