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HomeFinance, MoneyBreweries records N82bln revenue

Breweries records N82bln revenue

By Tanko Mohammed

In spite of the menace of coronavirus pandemic, the Nigerian Breweries made revenue of N83.2 billion in the first quarter of 2020, though with 0.09 per cent decrease.

This is contained in the unaudited and provisional results filed at The Nigerian Stock Exchange.

The company posted a profit after Tax of N5.5 billion for the period.

The results show a 0.09 per cent drop from compared to the corresponding period in 2019.

The Q1 2020 Profit after Tax is lower than the N8 billion recorded in the same period in 2019.

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