NB Declares N7.4bn PAT in 2020 Audited Results; Proposes N0.69k Final Dividend; (SP:N59.00k)

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Monday, February 22, 2021 / 2:48 PM / by NSE / Header Image Credit: Nigerian Breweries


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Nigerian Breweries Plc released its 2020 Audited results for the period ended December 31st, 2020.


Key Highlights

  • Revenue grew by 4.4% to N337bn from N323bn in the previous quarter.

  • Profit before tax declined by 50% to N11.6bn.

  • Profit after tax declined by 54% to N7.4bn.

  • Net Assets declined by -3.9% from N161bn to N168bn.


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