Business
Champion Breweries posts N77.14m Profit in 2015
By Chioma Obinagwam
Champion Breweries Plc has said that it posted a Profit After Tax(PAT) of N77.14 million for the period ended December 31, 2015 compared to a loss of N754.52 million recorded a year ago according to the company’s result posted on the Nigerian Stock Exchange(NSE).
Also, the brewer declared a Profit Before Tax(PBT) of N210.44 million compared to a loss of N1.06 billion recorded in the compared to the corresponding period of 2014.
ALSO SEE: NB to honour distributors, trade partners
Again, Revenue rose six per cent to N3.50 billion from N3.30 billion posted in the prior year, according to Champion Breweries in a filing with the Nigerian Stock Exchange (NSE).
Total Assets grew to N10.33 billion from the N9.59 billion that was recorded in the erstwhile year whereas Total Equity increased to N7.12 billion from the N5.87 billion recorded in the preceding year.
-
Football6 days agoBanda, Chawinga make 2026 Women’s Ballon d’Or top 30 shortlist
-
Featured6 days agoPeter Obi, Makinde and the 2027 elections: Can unity really challenge APC?
-
Business1 week agoNigerian Breweries’ H1 profitability strengthens as revenue hits N804bn
-
Business1 week agoNigeria records N12.59trn trade surplus in Q2 2026 — NBS
-
Trending Stories4 days agoDavido, Wizkid, Burna Boy or Asake: Who is having the biggest 2026 so far?
-
Football4 days agoPremier League releases 2026/27 festive fixtures, 7 matches set for Boxing Day
-
Latest1 week agoTinubu’s US legal battle: Group questions silence of elder statesmen
-
Business2 days agoJetour Nigeria, dealers take dashing, other models to Abuja Experience