Champion Breweries Plc reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was NGN 3,120.92 million compared to NGN 3,349.03 million a year ago. Net income was NGN 125.65 million compared to NGN 521.54 million a year ago. Basic earnings per share from continuing operations was NGN 0.016 compared to NGN 0.0666 a year ago.
For the six months, sales was NGN 5,705.95 million compared to NGN 6,575.68 million a year ago. Net income was NGN 29.07 million compared to NGN 1,075.74 million a year ago. Basic earnings per share from continuing operations was NGN 0.0037 compared to NGN 0.1374 a year ago.