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Guinness Nigeria Plc has released its results for the financial year ended June 2018. The company has proposed a final dividend of N1.84 per share. Here are highlights of the results
Revenue
Revenue increased from N125.9 billion in 2017 to N142.9billion in 2018. This marks a 14% increase year on year.
Profit Before Tax
Profit Before Tax jumped from N2.6 billion in 2017 to N9.9 billion in 2018. This represents a 280% increase year on year.
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Earnings Per Share
Earnings per share also increased from N1.28 in 2017 to N3.30 in 2018. This marks a 157% increase year on year.
Profit After Tax
Profit after tax also jumped from N1.9 billion in 2017 to N6.9 billion in 2018. This marks a 263% increase year on year.
Current Share Price
Guinness Nigeria Plc closed at N90 in today’s trading session on the Nigerian Stock Exchange.
