INTBREW Declares N10.9bn Loss in Q3 2020 Results, (SP:N7.37k)

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Monday, November 2, 2020 / 2:42 PM /  NSE / Header Image Credit: Brandspur


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International Breweries Plc released its Q3 2020 Unaudited results for the period ended September 30th, 2020.


Key Highlights

  • Revenue declined by -1.5% to N96bn from N97bn in the previous quarter.

  • Loss before tax stood at N17.7bn.

  • Loss after tax stood at N10.9bn.

  • Net Assets grew by 1909.9% from N7.5bn to N150bn.

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