Tanganda Tea saw 65% revenue rise in Q3 2025 despite lower exports, citing higher prices and sales, but faces challenges from weather, currency swings, and weak demand, prompting an $8M rights offer.

Tanganda Tea Company Limited reported a 65% increase in third-quarter revenue to US$5.6 million for the period ended June 30, 2025, driven by improved pricing and higher packed tea and coffee sales, despite a 19% drop in export volumes. Cumulative earnings for the first nine months fell 6% to US$13.7 million. The company faces ongoing challenges from erratic rainfall, exchange rate volatility, and weak retail demand. To support operations, Tanganda plans to raise US$8 million through a rights offer, with future performance dependent on economic stability and cost management.