BusinessMovement restrictions due to the Covid-19 pandemic has cost East African Breweries Ltd (EABL) Sh2.9 billion in profits. Movement restrictions due to the Covid-19 pandemic has cost East African Breweries Ltd (EABL) Sh2.9 billion in profits. This is compared to the profit the company declared at the same period last year. The company posted Sh11.5 billion in profit after tax for the full year ending June 30 2019 up from Sh7.3 billion made in 2018. EABL said it has deployed a raft of measures to minimise the impact of the pandemic on its business.

Source: Standard Digital May 16, 2020 21:00 UTC