This is according to a financial report by the Group Company Secretary, Uaboi Agbebaku, posted on the Nigerian Exchange Limited.
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Nigerian Breweries Plc has notified the Nigerian Stock Exchange and the investing public of the resignation of Atedo Peterside from its Board of Directors.
Nigerian Breweries Plc has announced the postponement of its 74th Annual General Meeting slated for April 22.
The Board of Directors of Nigerian Breweries Plc has announced a revenue of N83.3 billion for the first quarter of 2019.
The Nigerian Breweries Plc on Monday attributed 41 per cent drop posted in profit after tax for the financial year ended December 31, 2018 to increased excise duty rates.
The results were announced on Friday via a statement from the company
The company during the period posted a profit after tax of N18 billion compared to N24 billion recorded in the corresponding period of 2017.
The N18 billion represents a 22 per cent decrease over the N24 billion recorded in the corresponding period in 2017
The unaudited and provisional results released to The Nigerian Stock Exchange show that the N10.2 billion represents an 11.8 per cent decrease over the N11.4 billion recorded in the corresponding period in 2017.
The recommendation, which amounts to a total dividend of N4.13 per share for the 2017 operating year, was part of the company’s filing to The Nigerian Stock Exchange on Thursday.
The unaudited and provisional results sent to The Nigerian Stock Exchange shows that the amount represents a 9 per cent increase over the N10.45 billion recorded in the same period in 2016
The unaudited and provisional results released to The Nigerian Stock Exchange show that the N10.45 billion PAT represents a 4 per cent increase over the N10.10 billion declared in the corresponding period in 2015