Champion Breweries announces N2.47bn revenue, PAT rises by 1376%

Champion Breweries Plc recently published its Second Quarter report on the website of the Nigerian Exchange Group.

The Financial Statement of the company for the period ended 30 June 2021 shows significant improvement in the company’s top line and bottom line figures.

A turnover of N2.469 billion was reported for the six months period, up by 72.99% from N1.427 billion reported the previous year.

Profit after tax grew by 1375.69% to N233.298 million from the loss after tax of N18.288 million declared the previous year. The earnings per share of the company increased to 3 kobo.

At the share price of N2.25, the P.E ratio of Champion Breweries stands at 75.51x with earnings yield of 1.32%.

Leave a Reply

Your email address will not be published. Required fields are marked *