September 6, 2017/Cowry Asset Guinness Nigeria Plc today released its financial statements for the year ended 30, June 2017; Revenue increased year-on-year (y-o-y) by 23.48% from N101.97 billion to N125.92 billion. The company also recorded a 90.17% increase in Finance Income to N2.25 billion and a 57.10% increase in “Other […]

Culled—Proshare September 5, 2017/FBNQuest Research Event:                       Guinness Nigeria reports Q4 2017 (end-Jun) results Implications:        Upward revisions to consensus forecasts expected Positives:              Sales up 11% y/y, PBT and PAT recovered to N5.1bn and N4.5bn from pre-tax and after-tax losses in Q4 2016 respectively Negatives:               Gross margin contracted […]

September 5, 2017/Guinness Nigeria Plc Click here to download full PDF Copy of Result Guinness Nigeria plc today announced a 23% increase in revenue for the full year ended 30 June 2017. The results, which were released to the Nigerian Stock Exchange (NSE), also showed a gross profit of N48.3bn […]