guinness nigeria revenue
Guinness Nigeria Plc, a subsidiary of Diageo Plc, has announced its audited results for the period ended 30 June 2020 revealing a decline in profit after tax at N12.57bn resulting from the significant impact of COVID-19 lockdowns and ongoing economic challenges.. GUINNESS NIGERIA PLC financial statements, including revenue, expenses, profit, and loss The total revenue of GUINNESS for the last quarter is 47.47B NGN, and it's 4.42% higher compared to the previous quarter. Despite the operating environment challenges, the Company recorded improved performance in major performance indicators with its revenue growing by 58 per cent to N47.46 billion for the first quarter period ended , 30 September 2021, Q1'21 from N30,024 billion in the corresponding period, Q1'20. Revenue decreased 21%. Guinness Nigeria, a subsidiary of Diageo Plc, and a leading total beverage alcohol company in Nigeria has posted N47.46 billion revenue for its first quarter period ended 30 September 2021. The results, which were released via a statement to the Nigerian Stock Exchange (NSE), show that the company grew its topline by 19 percent year-on-year. The brewer's profit after tax rose to N4.04 billion for the first quarter ended September 30 2021, bouncing back from a loss of N841 million and . The unaudited results which were released to the Nigerian Exchange Group (NGX) revealed a 117% increase in gross profit in the period, with double digit… Guinness Nigeria has recovered from the fatal blow dealt to its bottom line during 2020's pandemic that eliminated dividend payouts in 2020. The results which were released to the Nigerian Stock Exchange (NSE), showed that revenue for the period declined by 4% View the latest GUINNESS financial statements, income statements and financial ratios. Profit After Tax increased by 2879%. Guinness Nigeria Plc, the country's second-biggest brewer, has wiped off two consecutive quarters of losses with a record profit helped by resilient consumer demand and improved outlet coverage. Guinness Nigeria has recovered from the fatal blow dealt to its bottom line during 2020's pandemic that eliminated dividend payouts in 2020. Guinness Nigeria Plc, a leading beverage, and alcohol company in Nigeria has announced its unaudited results for its first half (H1) year period ended December 31, 2019. Shareholders of Guinness Nigeria Plc have approved the N1.008billion dividend declared and recommended by the Board of the Company at the 71st Annual General Meeting held in Lagos, as the Company . Guinness Nigeria Plc recently released its HY 2021 results ended December 2021, revealing impressive top and bottom-line growth, with Revenue standing at N109 billion, as the beer company's Malts Division contributed N39.28 billion to Half-year 2021 revenue. October 31, 2020 in News Guinness Nigeria Plc, MD/CEO, Baker Magunda Guinness of Nigeria Plc Nigeria Pl c reported revenues of N30.02 billion in 2020 Q1 compared to N26.90 billion in the corresponding period of 2019. Guinness Nigeria, a subsidiary of Diageo Plc and one of Nigeria's leading total beverage alcohol companies, has returned to profitability after a hard 2020 as improved sales helped boost profit. Guinness Nigeria, a subsidiary of Diageo Plc, and a leading total beverage alcohol company in Nigeria has posted a revenue of N47.46 billion for its first quarter 3 takeaways from Guinness Nigeria's 9-month performance. By Dipo Olowookere The board of Guinness Nigeria Plc, a leading beverage and alcohol company in the country and a subsidiary of Diageo Plc, on Thursday released the firm's unaudited results for first half year period ended December 31, 2019 to the Nigerian Stock Exchange (NSE). GUINNESS NIGERIA PLC generates $267.20 million in sales (USD). Guinness Nigeria, a subsidiary of Diageo Plc, and a leading total beverage alcohol company in Nigeria has posted a revenue of N114,956,362,000 (one hundred and fourteen billion, nine hundred and fifty-six million, three hundred and sixty-two thousand) for the 9 months ended 31 March 2021 which represents a 20% growth over the same period last year. The audited results which were released to . Net financing costs decreased by 74%. The company also returned to profit, according to its financial statements for the year ended June 30, 2021. The revenue was on the back of 90 percent sales in Nigeria while only 1 percent was from exports. Profit before tax grew by 902.47% from N1.3bn to N13bn. This was disclosed at the Investors Presentation following the release of its half-year results, which revealed that the […] The earnings beat comes more as a surprise when we consider that the increased excise duty for the year (from N1.75/I to N2.00/1) was implemented in this quarter and . Revenue increased by 51%. Guinness Nigeria Plc recently released its Full-Year 2020 results ended June 2021, revealing impressive top and bottom-line growth as the beer company's Spirits Division contributed N35.29 billion to overall year-on-year revenue. The major driver of Guinness's performance is its revenue from Nigeria and the sale of by-products as the beverage company reported a 50.8 percent increase in revenue of N109 billion compared to N72.4 billion in the same period of 2020. Revenue grew across all key categories driven by our strategic focus brands, Malta Guinness and Guinness, as well as double-digit growth in local and imported spirits and the ready to drink category. Cost of sale rose by 11 per cent from N48.476 billion to N53.765 billion leading to a . Guinness Nigeria Plc, a subsidiary of Diageo Plc, has announced its audited results for the period ended 30 June, 2021 revealing a 110% increase in profit after tax, with double digit revenue . Guinness Nigeria Continues on Profitability Path with N8.820bn PAT Surge. Skilled at delivering commercially viable projects (custom-built, COTS, enhancements, digital transformation) for business sustainability and lean operational efficiency by leveraging strong requirements gathering and elicitation skills, process flow diagrams . Company Description: GUINNESS NIGERIA PLC is located in Lagos, Lagos, Nigeria and is part of the Beverage Manufacturing Industry. Cost of sales declined 22%. Guinness Nigeria Plc, a leading beverage and alcohol Company in Nigeria and a subsidiary of Diageo Plc, yesterday announced its unaudited results for its Quarter 3 period ended 31st March 2019. The audited results which were released to the Nigerian Stock Exchange (NSE) at the financial year-end indicated that revenue . The Federal Government has set a target of N1.2 trillion revenue from Network Operators in the country through its 10-year Revenue Assurance Solutions (RAS) project. Guinness Nigeria Plc has posted 30 per cent growth in revenue for the first quarter ended September 30, the News Agency of Nigeria reports. An analysis of the results showed that Guinness Nigeria's revenue growth in the quarter was a mix of double-digit growths in its Spirits (both Mainstream and International Spirits), Brand Guinness and Malt segments. Net Assets grew by 15% to N83.6bn from N74.8bn. Key highlights for 2020 Q1 Revenues increased to N30.02 billion, +11.62% YoY. Strong double-digit volume growth Revenue increased 58% Profit after tax increased by 580% Net financing costs decreased by 38% Distribution expenses increased 36% driven by higher volumes and inflation . Guinness Nigeria Plc, MD/CEO, Baker Magunda Nigerian Brewer, Guinness Nig Plc released its Q2 Unaudited Financial Statement, revealing a 50.83% growth in revenue from N72.35 billion to N109.12 billion in the current period. Guinness Nigeria Plc NGX: GUINNESS) posted a significant growth in revenue in 2021. On quarterly comparison, recorded shows a healthy recovery as revenue surged 259.2% from ₦8.4 billion in Q4 2020, translating to a recovery point to pre-pandemic levels. The results show that the Company delivered a profit after tax of N1.4 billion. Guinness Nigeria, a subsidiary of Diageo Plc, and a leading total beverage alcohol company in Nigeria has posted a revenue of N96.0 billion for the 9 months ended 31 March 2020. In a statement issued on Saturday, the company noted that this revenue increase was driven in part by contributions from its new mainstream and international premium spirits business as well as the . Guinness Nigeria, a subsidiary of Diageo Plc, and a leading total beverage alcohol company in Nigeria has posted a revenue of N47.46 billion for its […] Guinness Nigeria Plc released its Q2 2022 Unaudited results for the period ended December 31st, 2021. Find related and similar companies as well as employees by title and much more. Guinness Nigeria Plc, a subsidiary of Diageo Plc, has announced its audited results for the period ended June 30, 2020 with a decline of 21 per cent in revenue. In its more recent second quarter results ending December 2021, Guinness reported a revenue of N61.6 billion, by far its best revenue in a single quarter. Guinness Nigeria, a subsidiary of Diageo Plc, and a leading total beverage alcohol company in Nigeria has posted a revenue of N96.0 billion for the 9 months ended 31 March 2020. Welcome to Guinness Nigeria | Guinness Nigeria, a subsidiary of Diageo Plc of the United Kingdom, was incorporated in 1962 with the building of a brewery in Ikeja, the heart of Lagos. Despite the operating environment challenges, the Company recorded improved performance in major performance indicators with its revenue growing by 58 per cent to N47.46 billion for the first quarter period ended , 30 September 2021, Q1'21 from N30,024 billion in the corresponding period, Q1'20. Guinness Nigeria Plc has posted 30 percent growth in revenue for the first quarter which ended Sept. 30, 2017. Guinness Nigeria, a subsidiary of Diageo Plc, has posted a revenue of N47.46 billion for its first quarter period ended 30 September 2021. The breweries company reported a profit after tax of N8.82 billion from a loss position of N317.42 million in the corresponding period of 2020. GUINNESS NIGERIA PLC : Forcasts, revenue, earnings, analysts expectations, ratios for GUINNESS NIGERIA PLC Stock | GUINNESS | NGGUINNESS07 About Guinness The Guinness brand was established in 1759, when Arthur Guinness signed a 9,000 year lease on St. James's Gate Brewery in Dublin. The brewer reported a 110 percent jump in profit after tax in the first half of 2021 to . The company delivered revenue of N70.6billion and gross profit of N24bn representing an increase of 19% and 31% respectively over the same period last year. Distribution expenses increased by 59% driven by higher volumes, inflation and logistic challenges. The brewer's profit after tax rose to N4.04 billion for the first quarter ended September 30 2021, bouncing back from a loss of N841 million and . Guinness Nigeria Plc recently released its Full-Year 2020 results ended June 2021, revealing impressive top and bottom-line growth as the beer company's Spirits Division contributed N35.29 billion to overall year-on-year revenue. Guinness Nigeria, a subsidiary of Diageo Plc, and a leading total beverage alcohol company in Nigeria has posted N47.46 billion revenue for its first quarter period ended 30 September 2021.
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