Guinness Nigeria 2015 Q3 Pretax Profit Dip 9%

By Yakubu LAAH InvestAdvocate

Lagos (INVESTADVOCATE-Nigeria’s top tier brewer, Guinness Nigeria Plc said on Friday its 2015 nine (9) months period pretax profit dipped nine (9%) to N7.134 billion from N7.823 billion recorded a year earlier.

Similarly, profit after tax (PAT) dipped 12 percent to N5.216 billion from N5.943 billion recorded the same period of last.

However, revenue inched up nine (9) percent to N84.750 billion from N78.018 billion in the same period of 2014, Guinness Nigeria said in statement to the Nigerian Stock Exchange (NSE).

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