Nigeria Business & Finance Updates

International Breweries Plc, Financial Results

Financial Results – International Breweries Plc
Third Quarter Ended 30th September, 2018
2018
N (Millions)
2017
N (Millions)
Percentage Difference
Gross Earnings 83,346.92 36,527.81 128%
Profit/Loss Before Tax (9,189.93) (3,199.62) -187%
Tax (95.57) (129.88)
Profit After Tax (7,137.46) 1,429.32 -599%
Second Quarter Ended 30th June, 2018
2018
N (‘000)
2017
N (‘000)
Percentage Difference
Gross Earnings 53,110.00 17,401.36 205%
Profit Before Tax (5,242.85) 275.41 -2004%
Tax 2,460.17 (327.61)
Profit After Tax (2,846.35) (52.20) 5353%
First Quarter Ended 31st March, 2018
2018
N (‘000)
2017
N (‘000)
Percentage Difference
Gross Earnings 25,966.15 9,435.37 175%
Profit Before Tax (2,557.02)1,498.78 -271%
Tax (135.01)(265.30) -49%
Profit After Tax (2,240.34)1,361.17 -265%
Second Quarter Ended 30th September, 2016
2016
N (‘000)
2015
N (‘000)
Percentage Difference
Gross Earnings 13,498.85 10,140.44 33%
Profit Before Tax (1,499.71) 1,000.23 -250%
Tax (374.00) (295.42)
Profit After Tax (1,873.71) 704.81 -366%
First Quarter Ended 30th June, 2016
2016
N (‘000)
2015
N (‘000)
Percentage Difference
Gross Earnings 6,873.79 5,224.42 32%
Profit Before Tax (1,283.28) 618.83 -307%
Tax (374.00) (198.02)
Profit After Tax (1,657.28) 420.80 -494%
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