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[Corporate Action] International Breweries Records a 41% Drop In Profits 2015 Q1

International Breweries recorded a 41% drop in profits  in 2015Q1 compared with its preceding year, According to its results profit after tax dropped from N708million to N420million. See summary of result below… International Breweries Q1 2015 2015 2014 N’m N’m Revenue 5,224 5,211 0.25% Gross Profit 2,606 2,676 -3% Operating Expenses -1,615 -1,379 17% Pre-tax […]

[Corporate Action] International Breweries Records a 41% Drop In Profits 2015 Q1

International Breweries recorded a 41% drop in profits  in 2015Q1 compared with its preceding year, According to its results profit after tax dropped from N708million to N420million. See summary of result below…

International Breweries Q1 2015 2015 2014
N’m N’m
Revenue 5,224 5,211 0.25%
Gross Profit 2,606 2,676 -3%
Operating Expenses -1,615 -1,379 17%
Pre-tax Profit 618 1,041 -41%
Profit After Tax 420 708 -41%
Current Share Price 18.24

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