Guinness Nig Plc reports Revenue of N47.47 billion in the quarter ended September 30, 2021

Guinness Nig Plc released its unaudited financial results for the quarter ended 30th of September, 2021.

  • Revenue for the period was N47.47 billion. (+58.10% YoY)
  • Cost of Sales totalled N32.23 billion. (+40.06% YoY)
  • Gross Profit for the period was recorded as N15.24 billion (+117.32%)
  • An operating profit of N6.51 billion was recorded. (+1,009.72% YoY)
  • Net finance cost totalled N559.57 million. (-38.09% YoY)
  • Profit before tax of N5.95 billion (+1,973.15% YoY)
  • Profit after tax was N4.04 billion. (+580.47% YoY)
  • Earnings per share of N1.85 kobo Vs -N0.38 kobo YoY
  • Total assets during the period under review was 182.51billion. (+13.10bn YtD)

See link to results