News Details

NB plc declares N29.6 Billion Profit for the first half of 2013

  • Share

The Board of Directors of Nigerian Breweries has declared a profit of N29.6bn for the first half of the 2013 financial year. The unaudited and provisional result just released shows a seven per cent increase over the N28.5bn declared for the corresponding period in 2012.

The company’s turnover for the period also increased from N125billion in 2012 to N134billion in 2013.

A statement from the board said the company maintained its leadership position in the market in spite of the challenging economic and business environment in the first half of the financial year. This resulted in increased revenue versus the corresponding period of 2012 as well as an increase in the Results from Operating activities. Profit after Tax equally increased from N19billion in 2012 to N20.6billion in 2013.

The board statement, signed by Mr. Uaboi Agbebaku, the Company Secretary and Legal Adviser, said that though the operating environment is expected to remain challenging but, the Board is confident that the Company is prepared to take advantage of any growth in the market.

July 23rd, 2013
life

Young Entrepreneurs Jostle for Life Continental Lager Beer’s N12.5 million Progress Booster Radio Show

As the maiden edition of Life Continental Lager Beer’s Progress Booster Radio Show prepares to go…

teacher

NB Plc launches Maltina Teacher of the Year

Nigerian Breweries Plc has launched the Maltina Teacher of the Year, an initiative to recognize and…

dividend-2017

NB Plc Declares N33b Dividend For 2017

The Board of Directors of Nigerian Breweries Plc has announced its results for the 2017 operating…

logo_news

NB Announces 9 Months Results For 2017, Declares 7.9b Interim Dividend.

The Board of Directors of Nigerian Breweries Plc has announced a revenue of N254.7 billion for…

12 Finalists Emerge For Nb Aaf 2013 National Art Competition

Twelve finalists have emerged for this year’s National Arts Competition sponsored by Nigerian Breweries Plc. The…

nse 2015

Mr. Nicolaas Vervelde, CEO of NB Plc (right) receiving the 2015 Most Compliant Listed Firm award from Mr. Oscar Onyema, CEO of The Nigerian Stock Exchange

Nigerian Breweries Plc has been named the winner of The Nigerian Stock Exchange CEO’s Distinguished Award…

fggc

NB Plc Donates Staff Quarters To FGGC Onitsha In Honour Of 2015 Maltina Teacher Of The Year

Nigerian Breweries Plc has donated a block of staff quarters to the Federal Government Girls College,…

Community Secondary

NB Plc Donates Ultra Modern Classroom Block To Community Secondary School Ogwofia Owa, Ezeagu LGA, Enugu State

Nigerian Breweries Plc, through its Felix Ohiwerei Eductation Trust Fund  recently donated a block of six…

 

More News

Videos