…73% increase in Revenue, 46% increase in Sales, Distribution & Admin expenses driven by inflation. Nigerian Breweries Plc, a leading total beverage alcohol company in Nigeria, has posted a 34% increase in operating profit for its half-year period ended 30 June 2024. The unaudited results, which were released to the Nigerian Exchange Group (NGX),also revealed a 73% increase in revenue in the period despite the challenging operating environment characterized by soaring inflation, exchange rate volatility, security challenges, elevated input costs, and rising cost of living. Speaking on the result, Mr. Hans Essaadi, Managing Director/CEO, Nigerian Breweries Plc said: “In the…
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