Battery distributor Eveready posts Sh303m loss

Battery distributor Eveready East Africa #ticker:EVRD nearly tripled its losses for the full-year ended September 2019, shinning a spotlight on the struggling company’s prospects.

The company booked a loss of Sh303.5 million in the period under review, which was a further fall from the Sh116.4 million reported in the full-year to September 2018.

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