INTBREW Declares N9.4bn Loss in Q2 2020 Results, (SP:N3.40k)


Monday, July 27, 2020 / 5:27 PM / NSE / Header Image Credit: Brand Spur

International Breweries Plc released its Q2 2020 Unaudited results for the period ended June 30th, 2020.

Key Highlights

  • Revenue declined by -11.7% to N60.6bn from N68.6bn in the previous quarter.

  • Loss before tax stood at N12bn.

  • Loss after tax stood at N9bn.

  • Net Assets grew by 1934% from N7.5bn to N151.8bn.

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