The Board of Directors of Nigerian Breweries Plc has announced a revenue of N254.7 billion for nine (9) months ended September 30, 2017. In the statement of the result sent to Nigerian Stock Exchange, the Board of the Company further announced the declaration of an interim dividend of N7,996,902,051 (Seven billion, nine hundred and ninety six million, nine hundred and two thousand and fifty one naira only), which is, N1.00 (one naira only) per ordinary share of fifty kobo in the share capital of the company.

An analysis of the unaudited and provisional result shows that results from operating activities grew from N37.9 billion to N42.3 billion, Profit before tax rose from N27.8 billion to N34.4 billion while Profit after tax grew improved to close at N23.9 billion from the N20.1 billion posted in the same period in 2016.

While commenting on the results, the Company Secretary/Legal Adviser, Nigerian Breweries Plc, Mr. Uaboi Agbebaku said “despite the continued challenging business environment, revenue in the first nine months of the year grew compared to the corresponding period in 2016”. He added that as a result of the Company’s continued focus on internal efficiencies under its Cost Leadership programme, results from operating activities improved, which combined with lower Net Finance Charges resulted in increased profitability in the period.

It added that the interim dividend is payable subject to deduction of withholding tax at the appropriate rates, on Thursday, 23rd November, 2017 to all shareholders registered in the books of the Company at the close of business on Wednesday, 15th November, 2017.

In the statement signed by Mr. Agbebaku, the Board maintained that whilst the operating environment for the remainder of the year is expected to remain challenging, it is confident that, barring unforeseen circumstances, the Company is well placed to deliver a good return on investment to shareholders.

SOURCE: https://brandspurng.com/nigerian-breweries-announces-9-months-results-for-2017-declares-7-9b-interim-dividend/

People must shayo in good and bad times.
NB, welldone.

Omo... drinks dey sell pass water oo

What are they giving back to the community except liver diseases and kidney problems?

Like seriously.

Na small beer boys dey high?

Many companies including manufacturing and banks have been declaring huge profit / dividend lately. An indication that the Nigerian economy is picking up very fast. The future looks great and we are loving it.

The other day,their parent company(Heineken) said they are losing...maybe they want 500percent profit....awon were ...Idi ara.

And yet them go say Nigeria na religious nation. Who is taking these alcohol if over 75% of the population is either Christian or Muslim.

Tednersy:
What are they giving back to the community except liver diseases and kidney problems?

You are quite unenlightened. Your question demonstrate a very bad thread in today's Nigerian Youths- condemning just for fun.

A company with over 4500 Nigerians in its direct employment with its multiplying effects is giving nothing back to society.

A company whose Brand Life Lager Beer is helping entrepreneurs with 300k startup funds in all the states of the South-East has given nothing?

The only cooperate entity in Nigeria giving teachers in Secondary school instant earthly reward has done nothing for the society.

The list is endless and you can simply visit www.nbplc.com to get your required education.

And don't forget NB produces non-alcoholic drinks and Malts.

NB is in the front lines of educating Nigerians on the advantages of Moderate Beer consumption while campaigning against over-indulgence and alcohol abuse in any form.

So stop hating for no reason. Get educated.

Immatex:


You are quite unenlightened. Your question demonstrate a very bad thread in today's Nigerian Youths- condemning just for fun.

A company with over 4500 Nigerians in its direct employment with its multiplying effects is giving nothing back to society.

A company whose Brand Life Lager Beer is helping entrepreneurs with 300k startup funds in all the states of the South-East has given nothing?

The only cooperate entity in Nigeria giving teachers in Secondary school instant earthly reward has done nothing for the society.

The list is endless and you can simply visit www.nbplc.com to get your required education.

And don't forget NB produces non-alcoholic drinks and Malts.

NB is in the front lines of educating Nigerians on the advantages of Moderate Beer consumption while campaigning against over-indulgence and alcohol abuse in any form.

So stop hating for no reason. Get educated.

When will 2018 life beer entrepreneur challenge commence.I want to participate.

Good one! We are moving gradually.

lunacol:
When will 2018 life beer entrepreneur challenge commence.I want to participate.

Kindly visit Life Lager Nigeria Fan page on Facebook. This Sunday 29th October, tomorrow, 200 enterprising Easterners will receive 300k each in Anambra State.

Venue: Coffi Premium Lounge No 5 Okoyeukwu Close Akwa

Immatex:


Kindly visit Life Lager Nigeria Fan page on Facebook. This Sunday 29th October, tomorrow, 200 enterprising Easterners will receive 300k each in Anambra State.

Venue: Coffi Premium Lounge No 5 Okoyeukwu Close Akwa

Thanks

Immatex:


You are quite unenlightened. Your question demonstrate a very bad thread in today's Nigerian Youths- condemning just for fun.

A company with over 4500 Nigerians in its direct employment with its multiplying effects is giving nothing back to society.

A company whose Brand Life Lager Beer is helping entrepreneurs with 300k startup funds in all the states of the South-East has given nothing?

The only cooperate entity in Nigeria giving teachers in Secondary school instant earthly reward has done nothing for the society.

The list is endless and you can simply visit www.nbplc.com to get your required education.

And don't forget NB produces non-alcoholic drinks and Malts.

NB is in the front lines of educating Nigerians on the advantages of Moderate Beer consumption while campaigning against over-indulgence and alcohol abuse in any form.

So stop hating for no reason. Get educated.

Professional savagery

Immatex:


You are quite unenlightened. Your question demonstrate a very bad thread in today's Nigerian Youths- condemning just for fun.

A company with over 4500 Nigerians in its direct employment with its multiplying effects is giving nothing back to society.

A company whose Brand Life Lager Beer is helping entrepreneurs with 300k startup funds in all the states of the South-East has given nothing?

The only cooperate entity in Nigeria giving teachers in Secondary school instant earthly reward has done nothing for the society.

The list is endless and you can simply visit www.nbplc.com to get your required education.

And don't forget NB produces non-alcoholic drinks and Malts.

NB is in the front lines of educating Nigerians on the advantages of Moderate Beer consumption while campaigning against over-indulgence and alcohol abuse in any form.

So stop hating for no reason. Get educated.

NB staff spotted.