Earnings Update | GUINNESS | 9M:2020

Guinness Nigeria Plc. (GUINNESS), in its 9M:2020 financial scorecard (Full year is June) reported a 5.31% decline in revenue to NGN96.02bn (vs. NGN101.40bn in 9M:2019). Export sales were down 78.60% Y-o-Y to NGN1.25bn from NGN5.83bn, as the brewer grapples with slowing exports since the loss of malt sales to its sister company in Ghana.

Click on the link below to access the full report:

Earnings Update – GUINNESS 9M2020

0 Shares:

Leave a Reply

Your email address will not be published. Required fields are marked *

Rating*

You May Also Like