Kenya: East African Cables Profit Down 38 Percent

9 February 2011

Nairobi — Profit after tax went down by 38 per cent at the East African Cables for the financial year ended December 31, 2010.

The cable manufacturer reported Sh183.9 million compared to Sh296 million in 2009, due to the cost of restructuring in its Tanzanian subsidiary, the firm said.

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