The current company’s performance is Shs 339 million, which is 61% of prior period performance when the company had a revenue of Shs 553 million. During the year, the company completed the sale of its land and buildings in Nakuru at a consideration of Shs 1.3 billion

Final Dividend Nil

Eveready ruling keeps away rivals

The High Court has retained orders that barred three firms from dealing in Eveready and Energizer batteries in East Africa.

The orders by Justice Said Chitembwe in Malindi stop Energizer International Inc, Energizer Middle East and Africa Ltd, and Eveready Battery Company USA from selling their brands within the territory of troubled Eveready East Africa.

....continues..

Competition is good. Let the weak adapt or die

Kudos to the High Court for enforcing the law. Energizer international cannot be allowed to run roughshod over our local companies

What if EEA is starved of those same products by the losers of that case?

How now?
Did you forget that it declared a profit last financial year? How can a "dying" thing declare profits and special dividends?

Unless anyone wants to re-invent the definition of profits, thank you for admitting the truth, that profits were declared. You don't see anyone saying Safaricom made a "loss" this year because its profits were made through unfair monopoly advantage and so they do not count! Let us compare notes when this FY's results are out, brother, and hopefully no one will cleverly try to re-define what a profit is at that point in time! :)