Guinness Nigeria released on Thursday its fourth quarter report for the period ended, December 31, 2019.
In its unaudited financial report for the period ended, December 31, 2019 the firm reported a turnover of N68.3 billion, up by 0.78% away from of N67.8 billion recorded in the corresponding period in 2018.
Profit before Tax declined by 49% to close at N1.93 billion from the previous close of N3.79 billion.
Profit after Tax was down by 49%, closing the year 2019 at N1.32 billion from the previous close of N2.58 billion in 2018.
The Earnings per Share (EPS) of Guinness Nigeria stands at N0.60, down by 49% from the previous EPS of N1.18.
With reference to the share price of N30.20, the P.E ratio of Guinness Nigeria stands at 50.29x with earnings yield of 1.99%.