By InvestAdvocate

Lagos (INVESTADVOCATE)-Nigeria’s foremost brewer, Guinness Nigeria Plc said on Friday its profit after tax (PAT) for the audited period ended June 30, 2015 dipped 18.57 percent to N7.79 billion from N9.57 billion recorded a year ago.

Similarly, profit before tax (PBT) declined 7.59 percent to N10.79 billion from N11.68 billion posted in the same period of 2014.

However, revenue of the beer maker grew from N109.20 billion to N118.49 billion reported in the 2015 audited year end; showing a growth of 8.51 percent, Guinness said in a filing with the Nigerian Stock Exchange (NSE).

The company declared a dividend of N3.20 kobo per share to its investors of in the 2015 audited year end.

The N3.20 kobo proposed dividend payout to shareholders of the company is the same amount paid the previous year.

The brewer said closure date is October 12, 2015 while its annual general meeting (AGM) and payment dates has been scheduled for November 26 and 27, 2015 respectively.

Share price of Guinness at the close of Friday’s trading on the Nigerian bourse declined 7.67 percent to N128.00 from N138.63 posted the previous session; losing N10.63 kobo per share.