East African Breweries' net profit for six months ended December 31 fell 28 per cent on reduced sales of mainstream beer, the giant brewer announced on Friday. The company said profit for the period declined to Sh5.6 billion from Sh7.7 billion in the same period la year earlier. Sales in mainstream beer, largely Tusker and Uganda's Bell, reduced by seven per cent. Read: EABL says high prices hurting Tusker salesMainstream spirits, largely Kenya Cane and Uganda Waragi, however rose 31 per cent. "Spirits is a hot trend for consumers here in Kenya," EABL chief executive Andrew Cowan told a press briefing in Nairobi.

Source: The Star January 27, 2017 07:14 UTC