Nigerian Breweries Plc on Friday published its Audited Report for the year ended 31 December 2023.
The Group reported a turnover of N599.643 billion for the 12 months period, up by 8.9% from N550.638 reported the previous year.
A loss after tax of N106.31 billion was reported for the year under review as against the N13.187 billion reported the previous year.
Earnings per share of the Group stands at negative N10.35.
At the share price of N38, the P/E ratio of Nigerian Breweries stands at negative 3.67x with earnings yield of negative 27.22%.