EABL hard-hit by COVID-19 impact as Net Sales fall by 9% in Second Half

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East Africa Beverages Limited (EABL), parent company to Uganda Breweries Limited, has announced annual performance declines driven by COVID-19 impact that has hugely hit the global economy. According to the annual performance results announced by EABL, the beer maker recorded a 9% decline in net sales for the financial year ended 30 June 2020, as first half growth of 10% was wiped by a 29% decl