Eveready says its cost cutting measures have helped them get to a pretax profit of 69 million shillings for the year to the end of September from a loss in the previous financial year. A recovery in the shilling against the dollar also led to a gain of 50 million shillings.The firm had been reporting losses owing to rising costs and counterfeits.
Kenya: Eveready Now Profitable
Ads by Google
Copyright © 2012 The Star. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.
AllAfrica publishes around 2,000 reports a day from more than 130 news organizations and over 200 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.