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



