The Third Quarter report of Champion Breweries published on the Nigerian Exchange platform for the period ended 30 September 2024 shows 67.63% growth in the Company’s revenue year on year.
The Company reported N14.02 billion for the 9 months period, up by 67.63% from N8.36 billion reported the previous year.
Profit after tax of N21.495 million was achieved for the 9 months period as against the loss after tax of N77.69 million reported in Q3 2023.
The earnings per share of the Company is less than 1 kobo (0.24 kobo).
At the share price of N3.11, the P/E ratio of Champion Breweries stands at 1295x with earnings yield of 0.08%.