Tuesday, March 06, 2007
Limuru Tea, Unilever announce FY06 results
Limuru went with the trend for all tea companies with and saw PAT double from FY05 due to the drought in that year that affected the tea crop. To celebrate the turnaround-shareholders (Unilever is the majority shareholder) will get ksh10 per dividend, 2nd only to BAT for the FY06. Unilever saw a fall in PAT (profit after tax ) due to a high restructuring cost. Excluding this, the company saw PBT double for the year.
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