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BAT profit drops to Sh3.9bn on increased taxes

By  Patrick Alushula

Business Reporter

Nation Media Group

Cigarette maker British American Tobacco (BAT) Kenya #ticker:BAT has posted a 4.9 percent decline in net profit for the year ended December 2019 on the back of higher taxes.

BAT said on Thursday that its profit after-tax dropped to Sh3.89 billion from Sh4.09 billion in 2018.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.

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