Nigerian Breweries Plc Profit Dips

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 258 total views The Nigerian Breweries has reported 22 per cent decline in Profit After Tax (PAT) for the half year which ended on June 30, 2018. The company during the period posted a profit after tax of N18 billion compared to N24 billion recorded in the corresponding period of 2017. Profit before tax dropped by 19 per cent from N34 billion in 2017 to N28 billion in the period under review. An analysis of the company’s unaudited result submitted to the Nigerian Stock Exchange (NSE) showed that revenue also declined…

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