Williamson Purchases 60% of its Tea from Smallholder Farmers.

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According to Williamson Tea Kenya, the outsourcing approach it began years ago has been strengthened as smallholder farmers now provide more than 60% of the green leaf processed in its operations.

The Nairobi Securities Exchange-listed company said that higher output from contracted farmers contributed to its posting of a profit in the six-month period ending in September.

Sales at Williamson Tea increased 45.2% to Sh1.9 billion in the six months that ended in September.
As a result, the business reported a net profit of Sh246.5 million, turning around a net loss of Sh7. 7 million from the previous year.

Williamson Tea previously said that as a result of legal developments that have made the Kenyan coastal city of Mombasa. The primary marketplace for the sale of high-quality tea to Pakistani and Egyptian purchasers through the Mombasa auction.

BusinessDaily.

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