By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Bearish sentiments on Tuesday persisted on the Nigerian bourse as all-share index (ASI) shed 0.95 percent to close the session at 28,102.14 basis points, while market capitalisation dipped by N92.23 billion to N9.66 trillion. Cordros daily market update says that at the close of the […]
Tag: Nigerian Breweries Plc
Nigerian Breweries up Dividend Payment by 50% as Post-Tax Profit Grew 13.2%
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Beer Makers, Nigerian Breweries Plc Thursday increased its dividend payment by 50 percent as post-tax profit for the period ended December 31 2013 grew by 13.2 percent. From the audited report of the company released to the Nigerian stock exchange (NSE) and made available to […]
Afrinvest Research Note – Nigerian Breweries Plc H1 2012 Results
Nigerian Breweries (NB) recently released its unaudited half year results showing a 23.9% year-on-year growth in Turnover from N110.2bn to N136.5bn. Profit Before Tax (PBT) growth was marginally positive by 1.2% from N28.2bn to N28.5bn, while Profit After Tax (PAT) recorded a similar increase of 2.2% from N19.0bn to N19.4bn. […]
