Nigerian Breweries Plc announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was NGN 83,204.327 million compared to NGN 83,277.639 million a year ago. Operating income was NGN 10,914.560 million compared to NGN 14,057.154 million a year ago. Net income was NGN 5,504.278 million compared to NGN 8,024.540 million a year ago. Basic earnings per share was NGN 0.69 compared to NGN 1 a year ago.