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NAIROBI, KENYA: East African Breweries has reported a 15 per cent drop in its full year results from Sh8.5 billion in 2017 to Sh7.3 billion in 2018 in what the company says is as a result of one-off tax provision.
The company’s net revenues for the period however rose by 5 per cent to Sh73.5 billion. Profits from operations was up by 4 per cent excluding the impact of provisions made for pending tax claims.
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