International Breweries Plc released its financial results for the perio ended 31st Dec 2015.
The result showed that revenue rose by 7.49% from N15.3 billion in 2014 to N16.4 billion in 2015, but increased its cost of sales by 4.5% from N7.8 billion to N8.1 billion in 2015.
Profit before tax declined by 5.3% from N3.4 billion in 2014 to N3.2 billion in 2015.
However Profit after tax increased by 7% from N2.2 billion in 2014 to N2.4 billion in 2015.
International Breweries share price was N15.78 as at press time.