Follow Us on Google Discover![[Corporate Action] Intl Breweries Records 7% Rise In Profits To N2.4 Billion](https://cdn.nairametrics.com/wp-content/uploads/2016/01/international-beweries.jpg)
International Breweries Plc released its financial results for the perio ended 31st Dec 2015.
The result showed that revenue rose by 7.49% from N15.3 billion in 2014 to N16.4 billion in 2015, but increased its cost of sales by 4.5% from N7.8 billion to N8.1 billion in 2015.
Profit before tax declined by 5.3% from N3.4 billion in 2014 to N3.2 billion in 2015.
However Profit after tax increased by 7% from N2.2 billion in 2014 to N2.4 billion in 2015.
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International Breweries share price was N15.78 as at press time.
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Nice one,what did you think is gonna happen to these company,amalagamation or what?
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