Kakuzi Plc, the agricultural cultivation and processing company partly owned by Kenyan businessman John Kimani, reported a 15 percent drop in profit for the first half of 2025, weighed down by lower avocado crop valuations despite stronger performances from macadamia and blueberry exports.
For the six months ended June 30, 2025 , profit fell to Ksh295.5 million 2.3 million from Ksh347.5 million 2.68 million a year earlier, according to the firms latest financial report. The decline came even as turnover rose sharply by 28.6 percent to Ksh1.51 billion 11.68 million, boosted by rising demand for macadamia and the recovery of its blueberry business.
Management attributed the weaker profit to avocado prices, which were hit by oversupply in key European markets, and to continued losses in the tea segment. To cushion against such swings, Kakuzi pointed to gains from diversification, including value-added products like cold-pressed macadamia oil, packaged nuts for retail, and a steady climb in blueberry demand.