Guinness Nigeria reports N52.85bn revenue in 3 months

Guinness Nigeria Plc on Wednesday published its First Quarter report for the 3 month ended 30 September 2022.

The company reported a turnover of N52.85 billion for the 3 months period, up by 11.33% from N47.469 billion reported the previous year.

Profit after tax declined year on year by 32.03% to N2.75 billion from N4.044 billion achieved the previous year.

Earnings per share of the company stands at N1.25, down by 32.03% from the EPS of N1.85 reported the previous year.

At the share price of N82.90, the P/E ratio of Guinness Nigeria Plc stands at 66.06x with earnings yield of 1.51%.

Source: Guinness Nigeria reports N52.85bn revenue in 3 months – StocksWatch (stocksng.com)

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