INTBREW Declares N27.8bn Loss in Audited 2019 Results,(SP:N4.90k)


Tuesday, March 31, 2020 / 1:15 PM / by NSE / Header Image Credit: Nairametrics

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

Key Highlights

  • Revenue grew by 9.73% to N132bn from N121bn in the previous quarter.

  • Loss before tax stood at N36bn.

  • Loss after tax stood at N28bn.

  • Net Assets declined by -78.7% to N7.5bn from N35.1bn.

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