Nigerian Breweries on Friday released its First Quarter report for the period ended 31 March 2021.
The Group reported a turnover of N105.676 billion, up by 26.98% from N88.226 billion reported in Q1 2020.
Profit after tax grew by 38.59% to N7.66 billion from the profit after tax of N5.53 billion reported in the First Quarter of 2020.
Earnings per share increased to 96 kobo from the EPS of 69 kobo, which translates to 38.59% growth year on year.
At the share price of N51.2, the P.E ratio of Nigerian Breweries, stands at 53.46x with earnings yield of 1.87%.