Nigerian Breweries Plc has declared a loss of N85.2 billion in its Second Quarter results for the period ended 30 June 2024.
The Group reported revenue of N479.767 billion for the 6 months period, up by 72.94% from N277.419 billion reported the previous year.
Loss after tax of N85.199 billion for the 6 months period as against the loss after tax of N47.599 billion reported the previous year.
Earnings per share of the Group stands at NEGATIVE N8.29
At the share price of N26, the P/E ratio of Nigerian Breweries stands at NGEATIVE 3.14x with earnings yield of NEGATIVE 31.89%.