Nigerian Breweries, a local unit of Heineken has posted 29.42 billion naira Profit Before Tax (PBT) for its 2018 financial year, representing 37 percent decline compared to 46.63 billion PBT in the previous year, a report published by the company on the Nigerian Stock Exchange (NSE) has shown.
The brewer of Gulder and Star producer also posted a decline in its revenue for the year, recording 350.22 billion in the period.
According to the report, the company income dropped by 4.25 percent from 365.79 billion naira posted in 2017.
However, the company has declared a total of 19.40 billion naira dividends for the period, translating to 2.43 naira per share.
Last financial year, NB declared a dividend of 4.13 naira per share to shareholders of the company.
0 comments:
Post a Comment