Guinness Nigeria Plc reported earnings results for the second quarter and six months ended December 31, 2023. For the second quarter, the company reported sales was NGN 83,059.11 million compared to NGN 65,601.79 million a year ago. Net loss was NGN 7,829.74 million compared to net income of NGN 1,275.74 million a year ago.
For the six months, sales was NGN 142,595.58 million compared to NGN 118,451.68 million a year ago. Net loss was NGN 5,233.69 million compared to net income of NGN 4,024.55 million a year ago. Basic loss per share from continuing operations was NGN 2.39 compared to basic earnings per share from continuing operations of NGN 1.84 a year ago.