Nigerian Breweries, however, recorded a loss after tax of N52.089 billion for the first quarter ended 31 March indicating a 386.13 per cent increase.
Hard hit by climate change, farmers in Nigeria’s ‘food basket’ face new foesINVESTIGATION: Beautiful infrastructure but poor staffing, lack of drugs hinder PHC services in Borno communitiesA walk in Abuja amongst Spanish speakers, By Owei LakemfaBlood on UniformsHard hit by climate change, farmers in Nigeria’s ‘food basket’ face new foesINVESTIGATION: Beautiful infrastructure but poor staffing, lack of drugs hinder PHC services in Borno communitiesA walk in Abuja amongst Spanish speakers, By...
The statement was signed by its Managing Director, Han Essaadi, and Finance Director, Bernardus Boer, The company, however, recorded a loss after tax of N52.089 billion for the first quarter ended 31 March indicating a 386.13 per cent increase, compared to N10.715 billion posted in the same quarter ended March 31, 2023.At Premium Times, we firmly believe in the importance of high-quality journalism. Recognizing that not everyone can afford costly news subscriptions, we are dedicated to delivering meticulously researched, fact-checked news that remains freely accessible to all.
Mr Essaad said that the company’s performance was subject to seasonal fluctuations as a result of weather conditions and festivities. The firm’s gross profit for the year ended 2023 also fell by 0.3 per cent to N212.5 billion, compared to N213.20 billion posted in the previous year.
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