Guinness Nigeria grows profit by 110% to N1.26 billion in FY 2020.

Guinness Nigeria Plc released its full-year audited financial statement for the year ended 30th of June, 2021.

• Revenue for the period was N160.42 billion. (+54% YoY)
• Cost of sales was N114.71 billion. (+61% YoY)
• Administrative expenses totalled N10.5 billion. (-27% YoY)
• Operating profit was N9.87 billion (+177% YoY)
• Profit for the year was N1.26 billion. (+110% YoY)
• Earnings per share of 57 kobo. (+110% YoY)
• The Board recommended dividends totalling N1 billion.

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