East African Breweries Limited (EABL) has recorded a 49 percent increase in net profit to Sh18.2 billion for the financial year ended June 30, 2026, driven by higher sales, disciplined cost management and reduced financing expenses. The brewer reported a 13 percent rise in revenue to Sh146 billion, supported by …
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Japanese company Asahi Group has agreed to purchase a majority stake in East African Breweries PLC (EABL) from Diageo in a deal valued at Sh296.5 billion. The agreement will also include Asahi taking ownership of Kenya’s spirits business, UDV (Kenya) Limited, uniting both beer and spirits operations under a single …
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East African Breweries PLC (EABL) has announced a 12% increase in profit after tax, reaching Sh12.2 billion for the year ending June 30, 2025. The growth was driven by a mix of higher sales, lower finance costs, and favourable foreign exchange gains. Net sales rose by 4% to Sh128.8 billion, …
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The Lower Eastern Times Opening The Third Eye