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A total sum of N274.03 billion revenue has been announced by the Board of Directors, Nigerian Breweries Plc for the first half of the 2022 financial year which ended on June 30, 2022.
The unaudited financial report which was filed with the Nigerian Exchange Limited reveals that the company experienced a 31% growth in revenue compared to the N209.22 billion recorded in the corresponding period in 2021.
According to the report, the company also recorded a Profit After Tax for of N19.08 billion for the six-month period under review which indicates 142.8% increase compared to N7.86 billion recorded in H1 2021
Basic earnings per share in H1 2022 was 237 kobo as against 97 kobo that was recorded in H1 last year.
During the period under review, the company also acquired plant and equipment with a cost of N27.2 billion compared to N17.9 billion as against six-month period ended 30th June 2021.
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