Nigerian Breweries Plc has again declared a loss position in it’s full year (FY) operations in year 2024 as it did in 2023 amid improved revenue.
The manufacturing company has declared a loss after tax of N144.338 billion for the year ended 31 December 2024.
It reported revenue of N1.075 trillion for the 12 months period, up by 79.29% from N599.51 billion reported in FY 2023.
Loss after tax of N144.338 billion was reported for the 12 months period as against the loss after tax of N105.769 billion reported the previous year.
Earnings per share of the Company stands at NEGATIVE N4.66.
At the share price of N33, the P/E ratio of Nigerian Breweries stands at NEGATIVE 7.08x with earnings yield of NEGATIVE 14.12%.
No dividend was declared in 2023. No interim dividend was declared in 2024 financial year and no final dividend is proposed.