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East African Cables 2014 profit down; to open upgraded plant

East African Cables', which makes cables for the utility and telecoms industries, said on Wednesday it would open its upgraded plant in Kenya's capital this year after reporting a 13 percent fall in pretax profit.

The firm, which has a footprint in the East African region, said it would commission the modernised and expanded production plant in Nairobi in the first half of this year.

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