Kapchorua Tea of Kenya First-Half Profit More Than Doubles as Sales Jump

Kapchorua Tea Co., a Kenyan producer of the leaves, said first-half profit doubled as sales increased.

Net income surged to 92.2 million shillings ($1.14 million) in the six months through September from 44.8 million shillings a year earlier, the company said in a statement distributed by the Nairobi Stock Exchange today. Sales climbed 41 percent to 604 million shillings, it said.

To contact the reporter on this story: Eric Ombok in Nairobi at eombok@bloomberg.net

To contact the editor responsible for this story: Paul Richardson at pmrichardson@bloomberg.net

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