EABL announces a 15% decrease in profits :: KTN News

Eastern Africa breweries Limited EABL has announced a 15% drop in after-tax profit, attributing the drop to a single tax provision, which has reduced the performance in what would otherwise have been a good year. The company announced 5% revenue growth to reach $ 73.5 billion year-over-year, with performance improving significantly in the second half with net sales up 10 percent. %.

The supply is still part of a segmented structure in which the supply of supplies is a separate activity in the sequence of activities since the acquisition of the suppliers until the end of the year. delivery of a finished product to the end user. The challenge of global competition, however, is increasingly leading many organizations to replace segmented structures with integrated structures in which purchasing is part of a larger group.