KBL profits drop 23%, volumes down 29%

Alcohol was sold for just 183 days out of a total possible 286 days between March 21, 2020, and December 31, 2020, while the year 2021 has seen 56 days without any sales. Government and its advisors say alcohol gatherings are a major spreader of the virus.

The impact of the sales interruptions on KBL were clear with the alcohol producer reporting that its sales volumes fell from 1.54 million hectolitres in 2019 to 1.1 million hectolitres in 2020. The difference between the two figures is about 44 million litres.