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Africa - East African Cables posts FY profit of KES 184 mln.
East African Cables posted a KES 183.8 million profit for the year 2010, despite having suffered an impairment loss of KES 193 million from its subsidiary in Tanzania. After a loss of KES 56 million in the first half of 2010, a strong performance in the second half of 2010 saw the group record a second-half profit of KES 241 million. Annual turnover rose by more than 28 percent to KES 3.6 billion, from KES 2.8 …
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