Wazua
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Largest company in EA in terms of Turnover???
Rank: Member Joined: 3/17/2009 Posts: 201
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Wazuans i have noted that KenolKobil, H1 turnover was approximately 83 billion mean full year is about 166 billion, Wazuans do you know any other company matching this turnover in East AFRICA
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Rank: Member Joined: 2/8/2007 Posts: 808
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Finlays will come close or be there but largely due to forex translation. A turnover of about 1B Sterling
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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What is the turnover for SAFARICOM?
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Rank: Member Joined: 3/17/2009 Posts: 201
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safcom is less than 100b, its around 90b, Finlays-140B
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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Turnover of Finlays Tea is 140B?
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Rank: Elder Joined: 10/23/2009 Posts: 2,375
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From tea, fresh foods, and flowers? It is better to keep your mouth closed and let people think you are a fool than to open it and remove all doubt...
-Mark Twain
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Rank: Elder Joined: 11/27/2007 Posts: 3,604
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Guys, what of EABL?! I am tteating beer as fresh food. African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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Rank: Elder Joined: 7/23/2008 Posts: 3,017
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Kausha wrote:Finlays will come close or be there but largely due to forex translation. A turnover of about 1B Sterling What are you smoking!!! May be we should start with the total export sales from the horticultural sector in 2010. Unless you are adding turnover from elsewhere (like India if they have plantations there) "The purpose of bureaucracy is to compensate for incompetence and lack of discipline." James Collins
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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@KCB we are proud to do business with KK (and probably ur other favorite stocks) 
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Rank: Member Joined: 1/31/2007 Posts: 304
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Kausha wrote:Finlays will come close or be there but largely due to forex translation. A turnover of about 1B Sterling Which market is this??? Kenya .... no way ..I doubt even the combined sales from other East african countrys can add up to this..am assuming they have business in the rest of East Africa...
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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moneydust wrote:Kausha wrote:Finlays will come close or be there but largely due to forex translation. A turnover of about 1B Sterling Which market is this??? Kenya .... no way ..I doubt even the combined sales from other East african countrys can add up to this..am assuming they have business in the rest of East Africa... They are the largest producers of tea (about 15% of total in kenya). They also bought homegrown (largest flower producer with farms in naivasha, timau and exporting flowers and vegetables for outgrowers). On turnover, possible. Profitability a joke since most profits are transferred offshore. Life is short. Live passionately.
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Rank: Member Joined: 2/8/2007 Posts: 808
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Obi and company it;s you guys smoking bootleg stuff. Finlays turnover is 1B sterling and all from Kenya chief. Remember they supply Tesco and marks & spencer with fresh vegetables, some fruits and flowers. They also sell flowers at the auction. Then they sell tea. They have farms in kericho, nandi, naivasha, timau etc for all these things. they also buy tea in kericho from wananchi and some vegetables.
They are a very big company if you didn't know. And by the way this amount excludes the massive amounts of tea they at the auction on behalf of their parent.
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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Finlays should list on the NSE soon with such a huge turnover.
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Rank: Member Joined: 10/26/2008 Posts: 380
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The Finlays Group has a turnover of £611m, with 39,000 employees. As an agri-business, it has operations in many countries and is well known across the tea and horticulture industries.
and thats worldwide, not Kenya.
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Rank: Member Joined: 1/31/2007 Posts: 304
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Kausha wrote:Obi and company it;s you guys smoking bootleg stuff. Finlays turnover is 1B sterling and all from Kenya chief. Remember they supply Tesco and marks & spencer with fresh vegetables, some fruits and flowers. They also sell flowers at the auction. Then they sell tea. They have farms in kericho, nandi, naivasha, timau etc for all these things. they also buy tea in kericho from wananchi and some vegetables.
They are a very big company if you didn't know. And by the way this amount excludes the massive amounts of tea they at the auction on behalf of their parent. Clearly you dont grasp the magnitude of your statement...with 1 billion sterling in revenues and all from Kenya CBK should give them a seat on their board because with such an amount of foreign currency they can make or break the Ksh just like that especially when you consider CBK foreign reserves are not more than $4 billion
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Rank: Member Joined: 12/2/2009 Posts: 286 Location: Nairobi
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I havent researched the figures, but those quoted here about Finlays dont make sense at all. Unless they are in the business of throwing away money; how much profits do they post from those revenues? We could be talking more about it here in Wazua The laudable is more often than not rendered laughable by overclaim
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Rank: Elder Joined: 3/2/2009 Posts: 26,328 Location: Masada
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KQ is closely second.Believe me you. Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: Veteran Joined: 11/21/2006 Posts: 1,590
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What is the relevance of largest on turnover? You can be making 100bn but a profit of 2bn. This is the model for most supermarkets... Sehemu ndio nyumba
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Rank: Elder Joined: 11/27/2007 Posts: 3,604
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guys have a look at this.. http://www.businessdaily...6/-/21ekeq/-/index.html
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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Rank: Member Joined: 11/21/2006 Posts: 608 Location: Ruiru
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I dint know that Finlays was that massive. if their turnover is £1billion or 5.5% of GDP, then they deserve a cabinet post.... not a seat in CBK "..I am because we are. "― Ubuntu, Umtu,
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Largest company in EA in terms of Turnover???
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