Champion Breweries Plc has proposed bonus issue of 1 for every 7 ordinary shares for the period ended 31 March 2024.
The Company reported revenue of N4.378 billion for the 3 months period, up by 69.37% from N2.585 billion reported in Q1 2023.
The Company declared loss after tax of N823.838 million in Q1 2024 against the loss after tax of N96.576 million.
Earnings per share of the Company stands at negative 11 kobo.
At the share price of N3.68, the P/E ratio of Champion Breweries stands at negative 34.97x with earnings yield of negative 2.86%.
Qualification date for the proposed bonus issue is May 10, 2024.