Time flies with great content! Renew in to keep enjoying all our premium content.
Prime
EABL pays interim dividend as profit rises to Sh8.1bn
East Africa Breweries Limited (EABL) Group Chairman Martin Oduor-Otieno (left) and Group Managing Director and CEO Jane Karuku during the release of the half year financial results for the six months ended December 2024.
Photo credit: Francis Nderitu | Nation Media Group
East African Breweries Plc (EABL) has reported a 19.6 percent increase in net profit to Sh8.1 billion for the six months ended December 2024 on higher sales and reduced loan repayment costs, helping the firm to declare an interim dividend.
The net profit grew from Sh6.78 billion a year earlier as net revenue rose to Sh67.92 billion from Sh66.54 billion and net finance costs reduced by 14.3 percent to Sh3.44 billion.
