Nigeria Breweries Reports 26% Drop In Profits (FY 2016)

Nigeria Breweries today released audited results for the financial year ended December 2016.

Revenue N’ million
FY 2016| N 313, 743
FY 2015| N 293,906
% age change| 6.7%

Profit after tax N’million
FY 2016| N 28, 417
FY 2015| N 38, 056
%age change| -26.3%

EPS (Kobo)
FY 2016| 358k
FY 2015| 482
%age change| -25.7%

Dividend

2017 Final- N2.58

2016 Final  – N3.6

Total for the year N3.58 (N1 paid as interim)

Nigeria Breweries 2016 FY Results