Agriculture

Williamson Tea Kenya Rebounds to KSh120.8Million Net Profit

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Williamson Tea has bounced back to profitability
Williamson Tea has bounced back to profitability

Williamson Tea Kenya, a listed agricultural firm at the Nairobi Securities Exchange(NSE), has delivered strong earnings. Its net profit rose to KSh 120.8 million at the close of its financial year ended 31st March 2026. This is compared to a net loss of KSh 166.44 million over a similar period last year.

This profit is attributed to higher biological asset fair value gains, stronger finance income and associate earnings. Operation loss reduced to KSh 41.60m from KSh 392.22m at the close of March 2025.

Williamson Tea Shareholders to Get fat Dividend Cheque

Shareholders of Williamson Tea have thus been significantly rewarded with the firm’s directors recommending a final dividend of KSh 15.00 per share. This is three times the KSh 5.00 per share payout in 2025. A higher dividend payout signals confidence by the management in Williamson Tea financial position and future cash-generating ability.

While the firm’s fortunes are on the upside, Williamson Tea Revenue declined 17.2% to KSh 3.4 billion on the back of lower tea production which weighed down on sales. Tea production was hit by adverse weather conditions and tougher quality controls on bought leaf.

According to the financials, Williamson Tea turnaround was boosted by a combination of higher operational efficiency, gains on the value of its biological assets, stronger finance income and increased income from associates.

The decline in operating loss, according to analysts, suggests that Williamson Tea management has made significant progress in curbing excess operating expenses, despite a lacklustre sales performance.

The Balance Sheet Size grew 48.9% from KSh 8.37 billion in 2025 to KSh 12.26 billion at the end of the 2026 financial year. Shareholders’ funds were up 58.2% to KSh 10 billion. Borrowings by the firm fell significantly by 49.4% to KSh 51.95m from KSh102.65m in 2025. Cash balances rose by 13.8% to KSh 931.22m from KSh 818.02m in 2025.

Earnings per Share, an indicator of a firm’s profitability, improved from negative(KSh 4.38) to KSh 3.31.

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