In Summary
  • West Kenya Sugar Company widened its market share to 22 percent in the first quarter.
  • The firm, which produces and distributes the Kabras brand, saw its output rise to 31,000 metric tonnes in the review period.
  • Private millers led the pack of highest performers with the former leader, western Kenya-based Mumias Sugar Company continuing to register dismal performance.

West Kenya Sugar Company has extended its industry leadership in production as the firm, owned by Jaswant Rai family, widened its market share to 22 percent in the first quarter.

The sugar miller raised its share from the corresponding period last year when its output accounted for 19 percent of the total production of the commodity in the country.

The firm, which produces and distributes the Kabras brand, saw its output rise to 31,000 metric tonnes in the first quarter, according to the latest Sugar Directorate data.

Private millers led the pack of highest performers with the former leader, western Kenya-based Mumias Sugar Company #ticker:MSC continuing to register dismal performance.

Mumias, in which the government has a controlling 20 percent stake and for a long time was Kenya’s largest miller, did not manage to produce a single tonne in the review period.

In the corresponding period last year, the miller processed a paltry 4,000 tonnes.

Ageing plant and shortage of raw material continue to pull down the listed firm.

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