Guinness Nigeria Plc releases FY 2018 results

Guinness Nigeria Plc has released its results for the financial year ended June 2018. The company has proposed a final dividend of N1.84 per share. Here are highlights of the results

Revenue

Revenue increased from N125.9 billion in 2017 to N142.9billion in 2018. This marks a 14% increase year on year.

Profit Before Tax

Profit Before Tax jumped from N2.6 billion in 2017 to N9.9 billion in 2018. This represents a 280% increase year on year.

Earnings Per Share

Earnings per share also increased from N1.28 in 2017 to N3.30 in 2018. This marks a 157% increase year on year.

Profit After Tax

Profit after tax also jumped from N1.9 billion in 2017 to N6.9 billion in 2018. This marks a 263% increase year on year.

Current Share Price

Guinness Nigeria Plc closed at N90 in today’s trading session on the Nigerian Stock Exchange.

DOWNLOAD GUINNESS NIGERIA FY 2018 RESULTS