Champion Breweries Reports N210.2 Million Pretax Profit in 2015

Champion Breweries

By InvestAdvocate

Lagos (INVESTADVOCATE)-Beer producer, Champion Breweries Plc on Friday reported a N210.2 million pretax profit in the period ended December 31, 2015 compared to a loss of N1.072 billion recorded a year ago.

Similarly, the brewer declared a profit after tax (PAT) N77.14 million compared to a loss of N754.52 million recorded the same period of 2014.

Also, revenue rose six (6) percent to N3.502 billion from N3.302 billion posted a year earlier, according to Champion Breweries in a filing with the Nigerian Stock Exchange (NSE).

Click here to download Champion Breweries Plc Annual Report December 31, 2015

 

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