EABL Cuts Shareholder Payout by Half Due to Drop in Earnings

East Africa Breweries Plc (EABL) has announced a 50% reduction in its payout to shareholders, from Ksh. 11 to Ksh. 5.50 per share, due to a drop in earnings to Ksh.12.3 billion for the full year ended June 30, 2023. The company attributes the 21% decrease in earnings to high taxes, reduced disposable income, and … Continue reading EABL Cuts Shareholder Payout by Half Due to Drop in Earnings