An employee of the East African Breweries Ltd checks beer quality before labelling at the company’s plant in Ruaraka, Nairobi. PHOTO | FILE | NATION MEDIA GROUP
What you need to know:
The management says measures put in place to contain the deadly pandemic will see net earnings fall sharply to about Ksh8.64 billion ($86.4 million).
More companies are expected to issue similar profit warnings as effects of the widespread economic shutdowns become apparent.