Nigerian Breweries Plc reported earnings results for the half year ended June 30, 2023. For the half year, the company reported sales was NGN 277,419 million compared to NGN 274,085 million a year ago. Net loss was NGN 47,599 million compared to net income of NGN 18,737 million a year ago.

Basic loss per share from continuing operations was NGN 5.73 compared to basic earnings per share from continuing operations of NGN 1.856 a year ago. Diluted loss per share from continuing operations was NGN 5.73 compared to diluted earnings per share from continuing operations of NGN 1.856 a year ago.