Kenya: Eveready Blames Sh58.9 Million Loss on Stock Outs

Eveready East Africa has slid further into the red as its net loss for the six months to March worsened by nearly four times with management blaming the performance on product stock outs.

The battery firm has reported a Sh58.9 million loss for its half-year earnings, compared to the Sh12.4 million loss posted during a similar period last year.

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