International Breweries Plc reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was NGN 67,648.15 million compared to NGN 49,028.13 million a year ago. Net loss was NGN 4,947.03 million compared to NGN 3,145.64 million a year ago. Basic loss per share from continuing operations was NGN 0.18 compared to NGN 0.12 a year ago.
For the nine months, sales was NGN 183,779.12 million compared to NGN 160,431.72 million a year ago. Net loss was NGN 28,553.14 million compared to NGN 2,809.44 million a year ago. Basic loss per share from continuing operations was NGN 1.06 compared to NGN 0.1 a year ago.