Why 12 firms could lose over Sh8 billion in full-year profit

Mumias Sugar company workers arrange processed sugar at the warehouse on November 5, 2017. The company excludes confidence soaring back into its lost glory and is currently crushing 400 to 500 tonnes per day. [Benjamin Sakwa| Standard]

The challenging business landscape in 2017 has left at least 12 companies with depressed bottom lines as the chief executives turn focus to the new year.

Company filings show that in the best case scenario, the firms will lose Sh8.12 billion from their earnings in a year that was punctuated by a lengthy political season.