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Nigerian Breweries records 27.3% drop in profit
Nigerian Breweries Plc has reported a 27.3 per cent fall in its profit before tax for the 2016 financial year. Its 2016 group profit before tax tumbled to N39.62 billon from N54.51bn recorded a year ago. The firm’s group revenue for the 2016 financial year stood at N313.74 billion compared to N293.91bn posted a year ago. The company said it …
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