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4 months ago
BRIEF-Williamson Tea Kenya sees FY earnings to be at least 25 pct lower than prior year
March 27, 2017 / 6:20 AM / 4 months ago

BRIEF-Williamson Tea Kenya sees FY earnings to be at least 25 pct lower than prior year

1 Min Read

March 27 (Reuters) - Williamson Tea Kenya Ltd:

* Forecasts earnings for FY ending Macrh 2017 could be at least 25 percent lower than prior year

* Says primary cause for profit decline is inability to control aggressive and rising labour costs Source: j.mp/2nVWmeN Further company coverage: (Bangalore.newsroom@thomsonreuters.com)

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