Nigerian Breweries Plc has declared a loss after tax of N52.089 billion for the 3 months ended 31 March 2024.
The Group reported revenue of N227.12 billion for the 3 months period, up by 84.18% from N123.31 billion reported in Q1 2023.
Loss after tax of N52.089 billion was reported for the 3 months period as against the loss after tax of N10.715 billion reported in Q1 2023.
Earnings per share of the Group stands at negative N5.07.
At the share price of N26.8, the P/E ratio of Nigerian Breweries stands at negative 5.29x with earnings yield of negative 18.91%.