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Nigerian Breweries Plc has released its Q3 2018 interim financial results for the period ended 30th September 2018.
Here are the key highlights of the results:
Revenue
Revenue for the company dropped from ₦270 billion in 2017 to ₦254 billion in the year under review. This represents a 5.62% decrease year on year.
Profit Before Tax
Profit Before Tax also dropped from ₦34 billion in 2017 to ₦22 billion. This represents a 34.7% decrease year on year.
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Profit After Tax
Profit After Tax likewise dropped from ₦24 billion in 2017 to ₦14 billion. This represents a 38.4% decrease year on year.
Earnings Per Share
The Earnings Per Share also dropped from ₦300 in 2017 to ₦185 in 2018. This represents a 38.3% decrease year on year.
Current Share Price
Nigerian Breweries Plc is traded at ₦90 in today’s trading session on the floor of the Nigerian Stock Exchange.
