Breweries to contain new VAT regime on dwindling disposal income
More facts and figures deciphered from the last week publication of the Nigerian Breweries Plc fourth quarter results of 2019 and the 2019FY audited results have shown relative stress on financial performances within the period under review. However, industry observers…
NB’s 9M-19 results show positive impacts on EBIT by stronger gross margin
More details have emerged from the recently released nine month results (9M-19) of Nigerian Breweries Plc indicating that even though the EPS decline of 17.0% y/y, for the three months ended September (Q3-19), the company recorded a much lower loss…
