Guinness Nigeria Reports N3.54 Billion Pretax Profit in Q2 2018

January 30, 2018/InvestmentOne Report

Guinness Nigeria Plc ( released its Q2 2018 results (Year end June) today. 

Please find key highlights of the Q2 2018 results below: 

·         Revenue of N40.7bn, up +35.9% q/q; +11.5% y/y  

·         Profit before tax of N3.50bn against N41.40mn in Q1 2018; up +243% y/y 

·         Profit after tax of N2.1bn against N41.40mn in Q1 2018; up +187% y/y 

H1 2018: 

·         Revenue of N70.56bn: up +18.60% y/y  

·         Profit before tax of N3.54bn: up +175.95% y/y  

·         Profit after tax of N24.01bn: up +145.64% y/y  

Click here to download full PDF copy of result

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