Listed agribusiness and superfoods grower, Kakuzi Plc, has posted a Ksh 387.5 million after-tax profit, marking a significant turnaround from the Ksh 131.6 million after-tax loss booked last year in its 2025 full-year financial results released on Tuesday.
The firm’s Board of Directors, buoyed by the firm’s profitable run last year, has also recommended a first and final dividend of Ksh 16 per share, double the payout for 2024.
From total revenues of Kshs 5.4 billion, Kakuzi, a leading grower of Avocado, Macadamia, and Blueberry superfoods, posted a Ksh 568 million pre-tax profit, up from the Ksh 167 million pre-tax loss in 2024.
According to Kakuzi Plc Chairman Nicholas Ng’ang’a, while certain circumstances that led to the loss in 2024 have been mitigated, geopolitical tensions continue to negatively impact the firm’s flagship avocado operations.
To mitigate losses, Kakuzi Managing Director, Chris Flowers said the firm is actively rolling out a products-and-market diversification strategy, among other efforts to accelerate growth.
“For example, as an agricultural company, we have expanded our irrigation water conservation capacity by adding 1 million cubic meters of rainwater storage, bringing our total to 13 million cubic meters. This key development further enhances our self-sufficiency in water tapped from water catchment areas in our farm,” Mr Flowers said.
He added, “These sustainability and business development initiatives demonstrate our commitment to integrating sustainable agricultural practices into our operations, which we believe will be fundamental to our future success.”
While describing the company’s performance as commendable on the back of tighter governance and sustainable business operations, Flowers singled out the firm’s blueberry operations, which continue to indicate that, despite high establishment costs, the crop could significantly contribute to Kakuzi’s diversification strategy.
“As a part of our corporate strategy of product diversification, we continue to focus on value addition wherever it makes commercial sense. The strategy is paying off, and while Kakuzi was export-oriented in the past, we can now confirm that we have a growing domestic market contribution to the bottom line, with sales exceeding Ksh 50 million,” he said.
