By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)- Local equities continued to rally on sustained bargain hunting activities on the Banking and Consumer Goods sectors, as the all-share index (ASI) on Monday climbed up by 0.49 percent to close at 25,828.30 points, while market capitalisation added N43.58 billion to N8.88 trillion. ”Today’s […]
Tag: Nigerian Breweries Plc
Nigerian Equities Reel under Sustained Losses on Investments Decline, ASI Dip 0.34%
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities on Monday reeled under sustained losses as it opened the week on a bearish note, closing 0.34 percent lower on investment declines. At the close of the day’s session, the all share index (ASI) closed at 24,765.10 points, while market capitalisation dropped […]
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 […]