NB Declares N16.11bn PAT in 2019 Audited Results; Proposes N1.51k Final Dividend;(SP:N51.50k)


Thursday, February 13 2020  06:30 PM / NSE/ Header Image Credit: NB PLC

Nigerian Breweries Plc released its 2019 Audited results for the period ended December 31st, 2019.

Key Highlights

Revenue declined by -0.43% to N323bn from N324bn in the previous quarter.

Profit before tax declined by 20.63% to N23.4bn.

Profit after tax declined by 17.14% to N16bn.

Net Assets grew by 0.6% to N168bn from N167bn.

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