BUSINESS

Nigerian Breweries Grows Profit By 77.7% To N13.6b In Q1 2022

The Board of Directors of Nigerian Breweries Plc, Nigeria’s leading brewer has announced the Unaudited and Provisional Results for the First Quarter ended 31st March, 2022 with 77.7% growth in total comprehensive income for the quarter to N13.614 billion from N7.66 billion in Q1 2021.

Net revenue also rose by 30.4% to N137.772 billion from N105.676  billion in Q1 2021.

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