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Home Markets Equities Company Results

Nigerian Breweries Plc declares 63.09% decline in Post-tax profit of Q3 2021

Chidinma Anyalewechi by Chidinma Anyalewechi
October 29, 2021
in Company Results, Markets
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Nigerian Breweries Plc released its Q3 2021 unaudited financial results for the period ended 30th of September 2021.

  • Net Revenue during the period was N100.02 billion. (+21.64% YoY)
  • Cost of sales for the period was N67.40 billion (+31.08%)
  • Gross profit stood at N32.62billion. (+5.89% YoY)
  • Operating profit for the period was N4.82 billion. (-35.26% YoY)
  • Profit before tax of N797.07 million was recorded during the period.
  • Profit for the period stood at N498.37 million (-63.09%)
  • Total assets during the period stood at N458.68 billion. (+1.83bn YtD)
  • Earnings per share of 6 kobo Vs 17 kobo YoY.

See full result here

Tags: Nigerian Breweries Plc
Chidinma Anyalewechi

Chidinma Anyalewechi

For further inquiries about this article, contact: Email: chidinma.anyalewechi@nairametrics.com LinkedIn: linkedin.com/in/chidinma-anyalewechi-a323ab173/

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