Brewery Giants Record N219.02bn Pre-Tax Losses On Finance Costs

Spike in finance cost, interest expenses, and higher cost of sales still pressure the profitability margins of Nigeria’s two brewery giants, Guinness Nigeria Plc and Nigerian Breweries Plc, with both companies posting N219.02 billion pre-tax losses in their latest financial statements filed to Nigerian Exchange (NGX). For Nigerian Breweries Plc, the first nine months of...The post Brewery Giants Record N219.02bn Pre-Tax Losses On Finance Costs appeared first on New Telegraph.

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