It's not proper to fight evolving technology.
For shareholders,this is great because operational expenses of tea companies will come down.
WTK will create more surplus funds and their generosity will put money on shareholders pockets.

Virtual AGM has just ended.
Dividend will be paid on 15th August.
The company is banking on mechanization to reduce costs.
The 999 year leases will be reduced to 99 years.
Covid 19 pandemic affected tea prices.

The current share price of Kapchorua Tea Company Limited (KAPC) is KES 173.00. KAPC closed its last trading day (Thursday, June 29, 2023) at 173.00 KES per share on the Nairobi Securities Exchange (NSE), recording a 10.2% gain over its previous closing price of 157.00 KES. Kapchorua Tea began the year with a share price of 113.25 KES and has since gained 52.8% on that price valuation, ranking it fourth on the NSE in terms of year-to-date performance. Shareholders can be optimistic about KAPC knowing the stock has accrued 31% over the past four-week period alone—best on NSE.