Sector: Manufacturing and Allied
Alternative Investment Segment
KES 70.00
End of day - Dec 11, 2024
Price Information
Previous:
70.00
Open:
70.00
Average:
70.00
Deals:
-
Volume:
-
Turnover:
-
RANGE
Day:
- - -
52-week:
19.00 - 77.00
Other Information
Average Volume:
5
BETA:
1.21
Shares Issued:
12.87M
Year End:
December 31
Par Value:
-
Profile
Kenya Orchards Limited is a Kenya-based company engaged in the farming sector. The Company is primarily involved in the distribution of processed fruits, vegetables and other food products. The company has ventured into the production of spices and seasonings, opening a new revenue line to boost profitability. The Nakuru-based firm said it has set up a manufacturing plant with a capacity to churn out 12 tonnes of spices per day. The company currently produces food products such as fruit jams, tomato paste, tomato sauce, maple syrup, mayonnaise, custard powder, white vinegar used as meat tenderiser, corn starch and canned foods such as baked beans, matoke, and mushrooms.It is well positioned as a result of growth of the middle class and rising income levels which has changed consumer food habits resulting in increased spending on seasonings, herbs and spices. Kenya Orchards's strategy is informed by Kenya’s growing middle class and rising income levels that have changed consumer food habits resulting in increased spending on seasonings, herbs and spices.
