International Breweries Plc released its unaudited results for the first quarter of the year (Q1, 2021).
- Revenue for the period was N38.96 billion. (+10.2% YoY)
- Cost of sales was N32.5 billion. (+11.3% YoY)
- Administrative, marketing and promotion expenses totalled N8.98 billion. (+4.9% YoY)
- Loss for the period was N2.6 billion.
- Earnings per share of 10 kobo Vs 21 kobo YoY.
See link to results.
