Guinness Q2-17/18 results show recovery from 2016 loss, grows profit to N2.9bn

Leading brewing conglomerate has released its Q2-17/18 results, showing sharp recovery from losses of last financial year. The result revealed net profit of NGN2.09 billion (vs. NGN2.44 billion loss last year), driven by (1) continued revenue growth, (2) better margin,…