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Kenya's Mumias Sugar warns of wider annual loss

2014-10-06 08:55:57| Sugar Industry News

NAIROBI (Reuters) - Kenya's Mumias Sugar warned on Wednesday that projected losses for the year to June 2014 would be bigger than the previous year's pretax loss of 2.24 billion shillings ($25.3 million).

Tags: loss annual sugar wider

 

Mumias Sugar in Sh5bn debt talks with seven banks

2014-09-30 10:52:29| Sugar Industry News

Mumias Sugar Company acting CEO Coutts Otolo speaks during a media briefing on the company\'s financial performance for the year ended June 30, 2014 in Nairobi on September 11. The results showed a total loss of Sh2.7 billion

Tags: debt banks sugar talks

 
 

Kenya: Mumias Sugar Reviewing Electricity Deal With Kenya Power

2014-09-15 09:46:42| Sugar Industry News

NSE-listed sugar miller Mumias is renegotiating its co-generation electricity purchase agreement with Kenya Power, citing capacity and pricing issues that have skewed the deal against it.

Tags: power deal sugar kenya

 

Kenya: Mumias Sugar Plunges Into Sh2.71 Billion After-Tax Loss

2014-09-15 09:46:42| Sugar Industry News

Mumias Sugar's net loss for the period ended June 30 has widened further compared to the previous year despite lower finance costs and higher revenues.

Tags: loss billion sugar kenya

 

Kenya's Mumias Sugar warns of wider annual loss

2014-09-11 07:46:30| Sugar Industry News

NAIROBI (Reuters) - Kenya's Mumias Sugar warned on Wednesday that projected losses for the year to June 2014 would be bigger than the previous year's pretax loss of 2.24 billion shillings ($25.3 million).

Tags: loss annual sugar wider

 

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