Nigeria’s Securities and Exchange Commission (SEC)

Nigerian Breweries Plc on Wednesday announced a 10.4 per cent revenue growth to N214.92 billion in its unaudited financial statements for the nine months period ended September 30, 2015 released by the Nigerian Stock Exchange today.

The company also announced an interim dividend of N1.20 kobo per share to be made on the 19th of November 2015, subsequent to the closing of the company’s register which will commence from 12th- 18th November, 2015 while date for qualification has been specified as 11th November 2015.

A Profit before tax of N37.567 billion was posted indicating an 11.8 per cent decline from N42.583 billion posted in the corresponding period of 2014, while Profit after tax fell 12.2 per cent to N26.180 billion from N29.826 billion as Basic and Diluted earnings per share decreased 16.3 per cent to N3.30 per share from N3.94 per share.

Current share performance of Nigerian Breweries Plc however improved in today’s trading session as it increased 2.05 per cent or N2.77 to close at N138.02 per share.

By Pita Ochai

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