Earnings Update – NB Q12022

Nigerian Breweries Plc (NB) started 2022 on a strong footing as it recorded a topline growth of 30.37%YoY, bringing revenue to NGN137.77bn (from NGN105.66bn in the corresponding period). The impressive performance was mainly anchored on the sustained domestic demand, increased production volume, and price increases implemented in mid-2021.

Earnings Update – NB Q1_2022

0 Shares:

Leave a Reply

Your email address will not be published.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

Rating*

You May Also Like

Earnings Update – Banking Sector | Q1:2022 UBA: Digital Earnings Drives Growth | ACCESSCORP: FX gain to the rescue | ZENITHBANK: Solid Topline Stirs Earnings Growth | GTCO: Operating Expenses Strain Earnings | ETI: Starting on the Right Foot | FCMB: Strong Topline Performance Supports Earnings Growth | FIDELITYBK: Moderation in Profit After Tax Despite Strong Topline | STANBIC: Trading Income Drives Double-Digit Topline Growth | STERLNBANK: Tax expense moderates returns | WEMABANK: Asset Growth Fronts Performance

UBA – United Bank for Africa (UBA)’s gross earnings increased by 18.39% YoY to NGN183.91bn in Q1:2022. This…