Nigerian Breweries Plc grows profit by 39% to N7.7 billion in Q1 2021.

Nigerian Breweries Plc released its unaudited results for the first quarter of the year (Q1, 2021).

  • Net revenue for the period was N105.7 billion. (+27% YoY)
  • Cost of sales was N66 billion. (+36.6% YoY)
  • Administrative expenses of N5.7 billion. (+7.6% YoY)
  • Profit after tax was N7.7 billion. (+38.6% YoY)
  • Earnings per share of 96kobo vs 69 kobo YoY.

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