International Breweries Plc released its full-year results for the year ended 31st December 2020.
- Revenue for the year was N136.8 billion. (+3.4% YoY)
- Cost of sales was N106.3 billion. (-0.8% YoY)
- Gross profit was N30.47 billion. (+20.9% YoY)
- Administrative expenses was N27.92 billion. (+6.7% YoY)
- A loss after tax of N12.4 billion was reported for the year.
- Loss per share of -47 kobo Vs -N1.16 YoY.
- No dividend announcement was made.
See link to results.