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Pre-tax profits for tea growers Kapchorua Tea Co. Ltd. and Williamson Tea Co. Ltd (both have similar directors) also grew completely. Williamson Tea Co. Ltd. pre-tax figure rose to KES 1.22 billion from KES 145.34 million in 2010 ago period while pre-tax profit for Kapchorua Tea co. Ltd. doubled to KES 199.54 million for similar period. In spite of the relatively strong numbers stocks for 2 companies closed only marginally higher- at 24 per-cent and 16 per cent higher respectively- underperforming damaging your site . their peers as well as the benchmark crawls.
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Within the Media & Advertising sub-sector all constituent firms finished the year in positive territory. Nation Media Group Ltd. and ScanGroup Ltd. were large movers finishing 42 % and 141 per cent on the upside respectively with Standard Group Ltd. playing catch-up to close the year 20 % higher. Revenue was up 17 % up for Nation Media Group Ltd. to stand at KES 9.6 billion (2009: KES 8.2 billion) while pre-tax profits were up 33 per cent at KES 2.15 billion (2009: KES 1.62 billion). The decent performance was down to gains in market share and increased savings on newsprint given that use on the internet by service users expanded.
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