Guinness Nigeria Plc reported earnings results for the third quarter and nine months ended March 31, 2024. For the third quarter, the company reported sales was NGN 77,707.07 million compared to NGN 54,026.74 million a year ago. Net loss was NGN 56,418.32 million compared to net income of NGN 1,841.14 million a year ago.
For the nine months, sales was NGN 220,302.65 million compared to NGN 172,478.41 million a year ago. Net loss was NGN 61,652.01 million compared to net income of NGN 5,865.69 million a year ago. Basic loss per share from continuing operations was NGN 28.15 compared to basic earnings per share from continuing operations of NGN 2.68 a year ago.