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Nigerian Breweries' half year pretax profit falls


July 16, 2010 01:41AM

Nigerian Breweries, a unit of Dutch brewer Heineken , said on Thursday its half year pre-tax profit dropped 5.5 percent to 23.27 billion naira ($155 million) from a year ago.

Gross earnings, however, rose to 88.44 billion naira in the period, from 82.69 billion naira a year ago, the Heineken unit said in a filing to the Nigerian Stock Exchange (NSE).



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