Unga group

Listed food processor Unga Group has reported a loss of Sh131.3 million for the six months to December 2022, reversing a profit of Sh8.4 million in the previous year, on increased operating expenses, high inflation and the weakening shilling.

…It’s unfortunate to hear that Unga Group has reported a loss of Sh131.3 million for the six months to December 2022, which represents a significant decline from the Sh8.4 million profit in the previous year. It appears that the company is facing a number of challenges, including increased operating expenses, high inflation, and the weakening shilling.
Operating expenses can have a major impact on a company’s bottom line, and it seems that Unga Group is struggling to control these costs. Additionally, high inflation and a weakening currency can make it difficult for any businesses to maintain profitability currently.

It’s clear that Unga Group and many other companies are facing some significant headwinds, but with the right strategy and execution, there is potential for some companies to bounce back and return to profitability in the future…after UDA term…sadly.

Na tunakula GMO already. Unga ya GMO imejaa Kwa soko ndio unaona watu wanahara

Ala!

:D:D:D:D:D

Unga group Wana maringo…

Wanapigwa ten nil na mmm na kfm

Milling companies everywhere mpaka visiagi mtaani. Can they sustain the pressure? Bure kabisa.ngombe ici

Dr. wa gombe when did you change to md?

Ruto ameanza kukula unga tena

Declaring a loss is sometimes planned and beneficial.
Source: Self.