EA Cables Group registered revenues of Kshs 2.52 billion as of 31st December 2023

The group's revenues reduced by 3% but the company's revenues increased by 5%. Increased market drive, new market products and new market channels are responsible for the growth in company's revenues. Legal costs, interest expenses and accruals for tax obligations in Tanzania , interest expenses raised the Group's expenses thus reducing EBITDA and Earnings Before Taxes (Source: 2023 Annual Reports and AGM Notice to shareholders, 'Notes-Overview of 2023 performance')