February 25, 2025/Unity Bank Plc Retail lender, Unity Bank Plc posted gross earnings of N59.3 billion for the full year ended December 31, 2023, representing a growth of 3.84% year-on-year. In its audited financials submitted to the NGX Group Limited, the Bank also witnessed improvements across key performance indicators, including […]
Results & Dividends
Nigerian Breweries Struggles as Costs, Forex Woes Deepen Losses
…. More Headwinds Ahead, Analysts Warn February 18, 2025 By InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian Breweries Plc (NB) has reported another challenging year, posting a full-year 2024 loss per share of N12.07, only a marginal improvement from the N12.80 loss per share recorded in 2023. Contrary to impressive news release issued by […]
Nigerian Breweries Plc 2024FY: Cost Pressures Weighs on Margins and Earnings
February 17, 2025/Cordros Report Nigerian Breweries Plc (NB) published its 2024FY audited results on Friday (14 February), reporting a loss per share of NGN12.07 (vs loss per share of NGN12.80 in 2023FY). The decline in earnings is primarily attributed to sustained cost pressures (+97.5% y/y) and foreign exchange loss (+2.8% […]
