The Kenyan-based East African Breweries Limited (EABL) registered a decrease of 39 percent in profit after taxes for the financial year 2020. The profit declined to roughly seven billion Kenyan shillings (around 64.4 million U.S. dollars) from approximately 11.5 billion KSh (105.6 U.S. dollars) in 2019. EABL attributed the fall to disruptions in the beverage market caused by the COVID-19 pandemic. The company manufactures branded beer, spirits, and non-alcoholic beverages, and also operates in Uganda and Tanzania. In Kenya, the subsidiary of the global alcohol producer Diageo is the main commercial brewery.
Net profit of East African Breweries Limited from 2017 to 2020
(in million Kenyan shillings)
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East African Breweries Limited. (July 30, 2020). Net profit of East African Breweries Limited from 2017 to 2020 (in million Kenyan shillings) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1185848/net-profit-of-east-african-breweries-limited/
East African Breweries Limited. "Net profit of East African Breweries Limited from 2017 to 2020 (in million Kenyan shillings)." Chart. July 30, 2020. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1185848/net-profit-of-east-african-breweries-limited/
East African Breweries Limited. (2020). Net profit of East African Breweries Limited from 2017 to 2020 (in million Kenyan shillings). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1185848/net-profit-of-east-african-breweries-limited/
East African Breweries Limited. "Net Profit of East African Breweries Limited from 2017 to 2020 (in Million Kenyan Shillings)." Statista, Statista Inc., 30 Jul 2020, https://www.statista.com/statistics/1185848/net-profit-of-east-african-breweries-limited/
East African Breweries Limited, Net profit of East African Breweries Limited from 2017 to 2020 (in million Kenyan shillings) Statista, https://www.statista.com/statistics/1185848/net-profit-of-east-african-breweries-limited/ (last visited November 21, 2024)
Net profit of East African Breweries Limited from 2017 to 2020 (in million Kenyan shillings) [Graph], East African Breweries Limited, July 30, 2020. [Online]. Available: https://www.statista.com/statistics/1185848/net-profit-of-east-african-breweries-limited/