EABL half year net earnings drop to Sh5.5 billion

East African Breweries limited (EABL) recorded a 27.7 per cent net profit drop in the half year ended December on the absence of the Sh2.2 billion gain it made from sale of Central Glass Industries in the same period last year.

The firm’s net profit stood at Sh5.5 billion in the review period compared to Sh7.7 billion the year before.