EABL profit rises 6pc to Sh8.5bn on lower expenses

East African Breweries Limited Group Managing Director Andrew Cowan. PHOTO | SALATON NJAU | NMG

East African Breweries (EABL) recorded a six per cent net profit growth to Sh8.5 billion in the year ended June, helped by cost-cutting and marginal sales growth, the company said in a statement ahead of their investor briefing.

The EABL declared a final dividend of Sh5.5 per share, raising the total payout for the year to Sh7.5 per share. This saw it maintain the payout at the same level in the prior year.

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