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Expensive raw materials hit EABL's profit - Vimarsana News

Expensive raw materials hit EABL's profit

The brewer’s managers say this is attributable to a shortage of factor inputs locally, which is forcing them to import and thus create more pressure on forex.

EABL cuts 168 jobs amid profit decline - Vimarsana News

EABL cuts 168 jobs amid profit decline

Production employees were reduced by 122 to 759 while those in management and administration declined by 70 to 207.