KBL sales volumes continue to decline

In the six months to June 30, 2017, KBL suffered a 6.3% slide in total sales volume to 909,800 hectolitres from 970,700 hectolitres in the prior year. Sechaba, which holds a 60% shareholding in KBL with the remainder owned by AB InBev, saw a decline of 13.9% in profit after tax (PAT) from P55.1 million to P47.5 million the previous period.

KBL is involved in the manufacturing, import, and distribution and marketing of a range of clear beers, alcoholic fruit beverages, soft drinks, purified water, opaque beer and other non-alcoholic drinks.