EABL half-year profit jumps to Sh8.7bn on bars reopening

Beer production line at the EABL plant in Ruaraka, Nairobi. FILE PHOTO | JEFF ANGOTE | NMG

East African Breweries Limited (EABL) #ticker:EABL net profit has more than doubled in the six months to December on the back of higher alcohol sales as Covid-19 restrictions eased, and bars re-opened.

The brewer’s net earnings jumped 130 percent to Sh8.7 billion from Sh3.79 billion booked in a similar period in 2020.

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