NB Declares N5.5bn PAT in Q1 2020 Results(SP:N34.50k)

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Wednesday, April 22, 2020 / 6:0 PM / By NSE / Header Image Credit: PM Express


Nigerian Breweries Plc released its Q1 2020 Unaudited results for the period ended March 31st, 2020.


Key Highlights

  • Revenue declined by -0.1% to N83.20bn from N83.28bn in the previous quarter.

  • Profit before tax declined by 27.8% to N8.3bn.

  • Profit after tax declined by -31.4% to N5.5bn.

  • Net Assets grew by 3.3% to N173bn from N168bn.

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