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International Breweries’ loss extends to seventh year

Summary by Punch Newspapers
International Breweries has seen its loss after tax extended to the seventh year, as it recorded an N113bn loss in the 2024 financial year. According to its audited financial report filed on the Nigerian Exchange Limited on Thursday, the brewer saw its loss worsen to N113.61bn from N70.03bn in 2023, marking a 62.25 per cent

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International Breweries’ loss extends to seventh year

International Breweries has seen its loss after tax extended to the seventh year, as it recorded an N113bn loss in the 2024 financial year. According to its audited financial report filed on the Nigerian Exchange Limited on Thursday, the brewer saw its loss worsen to N113.61bn from N70.03bn in 2023, marking a 62.25 per cent

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The Whistler NigeriaThe Whistler Nigeria

International Breweries Posts N183.6bn Loss In Two Years

…As FX Losses Hit N166bn International Breweries Plc has declared N183.6bn cumulative loss between 2023 and 2024, THE WHISTLER can report. The amount comes after the brewery reported another loss of N113.6bn in 2024 extending the loss by 61 per cent. In 2023, the brewery recorded a loss of N70bn which was blamed on President Bola Tinubu reforms which resulted in the devaluation of the naira by over 96 per cent. The losses come despite the compan…

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News Agency of NigeriaNews Agency of Nigeria

Nigerian Breweries Records N1.1trn Revenue, Up 81% In 2024 - NEWS AGENCY OF NIGERIA

Nigerian Breweries Plc says it generated N1.1 trillion in revenue for the financial year ended December, 2024.

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News Agency of Nigeria broke the news in on Thursday, April 3, 2025.
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