Kenya's East African Breweries say H1 pretax profit up 5 pct
NAIROBI Feb 14 (Reuters) - East African Breweries posted a 5 percent rise in its pretax profit to 6.08 billion shillings ($70.50 million) during its first half ended December due to higher sales, it said on Friday.
The firm, which is controlled by Britain's Diageo said revenues were up 4 percent to 31.8 billion shillings in the first half.
EABL, which also operates in Tanzania and Uganda, said profit was growth due to the rise in net sales and a 1 percent decline in cost of sales driven by cheaper raw materials. ($1 = 86.3000 Kenyan shillings) (Reporting by Duncan Miriri; Editing by George Obulutsa)
- Three Denver girls reportedly en route to Turkey detained, sent home
- NOAA employee charged with stealing U.S. dam information
- Sweden gets two new sightings, as hunt for undersea intruder goes on
- U.S. to funnel travelers from Ebola-hit region through five airports
- UPDATE 8-U.S. to funnel travelers from Ebola-hit region through 5 airports