Sasini returns to profit on increased sales Thursday January 14 2021 By CONSTANT MUNDA Agricultural firm Sasini #ticker:SASN has returned to profitability after sales increased by nearly half, outpacing growth in costs, the publicly-traded firm reported on Thursday. The company, which largely deals in large-scale tea, coffee, macadamia and avocado farming and production, reported a profit of Sh12.61 million for the year ended September 2020 from a loss of Sh337.74 million a year earlier. The earnings were largely lifted by a 48.32 percent growth in revenue to Sh4.14 billion, a slightly faster climb than 41.10 percent in direct costs to Sh3.33 billion. Shareholders, who got a Sh0.50 dividend per share last year despite the firm posting a loss, will, however, miss out this year after the board failed to recommend a payout.