By Our Correspondent

Lagos (INVESTADVOCATE)-Guinness Nigeria Plc Monday says its Half Year (Q2) 2012 Profit After Tax (PAT) fell 15.73 percent (15.73%).

This is contained in the Unaudited Half Year Results of the Brewing Firm to the Nigerian Stock Exchange (NSE) and made available to www.investadvocateng.com in Lagos Nigeria.

To post the lower Q2 2012 PAT, Guinness in the same period of 2011 recorded N7.618 billion compared to N6.419 billion posted in the Half Year Period of 2012; indicating a fall in PAT of 15.73%.

In the same vein, Profit Before Tax (PBT) fell by the same margin of 15.73% as Guinness Nigeria reported a PAT of N9.44 billion in the Q2 of 2012 compared to N11.203 billion recorded in the same period of year 2011.

However, the Company’s Revenue went up slightly by 4.52% for the period as Guinness Nigeria recorded N65.689 billion compared to N62.843 billion it recorded in the Q2 of year 2011.