22/4/2016/Guinness Nigeria Guinness Nigeria Plc today announced net revenue of ₦70bn for the 9 months period ended 31st March 2016. The company’s managing director/chief executive officer, Mr. Peter Ndegwa, observed, “Third quarter sales were impacted by a tough operating environment and the lapping of a very strong quarter in the previous […]
Results & Dividends
Nigerian Breweries Says Q1’ 16 Pretax Profit up 7.14%
By InvestAdvocate Lagos (INVESTADVOCATE)-Beermaker, Nigerian Breweries Plc said on Wednesday its pretax profit for the period ended March 31, 2016 climbed up 7.14 percent to N15 billion from N14.43 billion recorded a year earlier. In the same vein, profit after tax (PAT) grew marginally 3.48 percent to N10.45 billion from […]
Union Bank Post N4.72 Billion PAT in Q1’16
By InvestAdvocate Lagos (INVESTADVOCATE)-Union Bank of Nigeria Plc (UBN) on Wednesday announced it has posted a profit after tax (PAT) of 4.72 billion in its first quarter (Q1) report ended March 31, 2016 compared to N2.40 billion recorded a year ago. Similarly, profit before tax (PBT) grew from N2.49 billion […]
