Investors Bite

Nigerian Breweries Reports 9% Profit Growth in Q1 2017

April 21, 2017/Nigerian Breweries Plc The Board of Directors of Nigerian Breweries Plc has declared a profit after tax of N11. 44 billion for the first quarter of 2017. The unaudited and provisional results sent to The Nigerian Stock Exchange shows that the amount represents a 9 per cent increase […]

Nigerian Breweries Plc Q1 2017 Results: Key Highlights

April 21, 2017/InvestmentOne Research Nigerian Breweries Plc  released its Q1 2017  late yesterday. Please find key highlights below: ·         Revenue of N91.29bn; up +0.29% q/q;  +17.71% y/y ·         Profit before tax of N17.44bn  up +46.82% q/q; +16.20% y/y ·         Profit after tax of N11.45bn; up +37.85% q/q; +9.51% y/y Please […]

Amidst Massive Turnover Slide, Nigerian Bourse Closes in Red

April 20, 2017/InvestmentOne Research Please click to download the Market Report for Thursday 20th April 2017 EQUITIES:   Amidst massive slide in turnover, the Nigerian bourse closed in the red as the All Share Index shed  -0.19% dragged by decline in heavyweight Industrial and Banking trackers.  This performance was reflective of sell […]