C
Originally published by Capital Business
📰 Read Full Article
business
July 31, 2025
2d ago

EABL profit grows to Sh12.2bn on high sales, forex gains

EABL profit grows to Sh12.2bn on high sales, forex gains

NAIROBI, Kenya, July 31 - East African Breweries PLC (EABL) has reported a 12 percent rise in profit after tax to Sh12.2 billion for the year ended June Kenya breaking news | Kenya news today |..

✨ Key Highlights

East African Breweries PLC (EABL) reported a significant 12 percent rise in profit after tax to Sh12.2 billion for the year ended June 30, 2025, driven by increased sales and foreign exchange gains.

  • Net sales grew by 4 percent to Sh128.8 billion, with volume growth across Kenya, Uganda, and Tanzania.
  • Chairman Martin Otieno highlighted the robustness of their strategy despite challenges like inflation.
  • Finance costs decreased to Sh5.9 billion from Sh8.1 billion, following an Sh8.3 billion debt reduction.
  • The CEO, Jane Karuku, attributed the growth to consistent execution and innovation.
  • The board recommended a final dividend of Sh5.50 per share, making the total dividend for the year Sh8, a 14 percent increase.

Continue Reading

Read the complete article from Capital Business

📰 Read Full Article