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Kenya consumer goods firm Eveready slides to six-month loss

Consumer goods firm Eveready posted a loss for the six months to March, blaming its strategic move to exit some export markets, insecurity and a weaker local currency.

Eveready East Africa swung to a loss of 17.7 million shillings ($181,000) in the period from a pretax profit of 44.8 million shillings as sales dropped 18 percent to 602.8 million shillings, the company said in a statement on Tuesday.

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Eveready