NB declares N5.6bn PAT in Q2 2020 result; (SP:N32.00k)


Monday, August 10, 2020 / 11:57 AM / NSE / Header Image Credit: Nigerian Breweries Plc

Nigerian Breweries Plc released its Q2 2020 Unaudited results for the period ended June 30th, 2020.

Key Highlights

  • Revenue declined by -10.8% to N151.8bn from N170.2bn in the previous quarter.

  • Profit before tax declined by 57% to N8.3bn.

  • Profit after tax declined by 58% to N5.6bn.

  • Net Assets declined by -4.1% from N167.8bn to N160.9bn.

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