GUINNESS Declares N1.32bn PAT in Q2 2020 Unaudited Results, (SP:N30.20k)

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Friday, January 31, 2020 / 6:45 PM / NSE / Header Image Credit: Guinness Nigeria


Guinness Nigeria Plc released its Q2 Unaudited 2020 results for the period ended December 31st, 2019.


Key Highlights

  • Revenue grew by 0.78% to N68.33bn from N67.80bn in the previous quarter.

  • Profit before tax declined by 49.01% to N1.93bn.

  • Profit after tax declined by 49.01% to N1.32bn.

  • Net Assets also declined by 2.3% to N87.05bn from N89.06bn.

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