Losses for six years.

Hmmm can the mathematicians in the house calculate the timeline for us?

Every business is struggling to survive.

its just impossible to do business in Nigeria. kai!!!! very soon they will close down and leave

legacies of the oloriburuku criminal n fraudster Pandora criminal Peter Obi

This is what happen when you elect idiot that take advice from madmen up n down Agulu n Upper Iweka

Will they sell shares?

Make I buy and add up

Na to dey buy shares o wan dey do now

I wan dey invest my money now

Investment that is now worth next to nothing - Soludo.

jaybee3:
In a 2018 interview, Peter Obi said he invested $20 million in International Breweries on behalf of Anambra state as a governor.

Obi’s claim was in response to questions on economic development, Anambra politics and his presidential ambition.

“… Anambra state is the single-highest shareholder in that facility. I invested in it, over $20 million,” Obi had said.

“It is worth almost $100 [million] today. That’s what government should do.”



https://www.thecable.ng/revealed-peter-obi-administrations-12-24m-investment-in-international-breweries-now-worth-5-38m#google_vignette

ThunderFireAgba:
Can you spot any difference
First of all, check their mouth and teeth.

Hahahaha!

Trouble maker!

Timoleon:


That's too many billions lost...why are they still in business? Perhaps these losses are manufactured because it is certain that the next financial year will result in more losses when you think about the current state if the economy. Fewer and fewer people are able to sustain their purchasing power. Yet cost of production is increasing by the hour.

Exactly my thoughts ... why still in business? ... and trying to remain in business? ... there is nothing to even give one hope that this year will be as bad as last year... but everything to show that this year will be wayyy worse. I guess they know better than we..... or they not telling the truth.

EnglishUsa:
Dj play as e dey pain them e dey sweet us

Are you on drugs?

Friends Jesus Christ loves y'all and he want you to accept him as your personal lord and saviour by giving your life to Christ, believing in him and repenting of your sins.remember tomorrow might be too late. Shalom

Tax Avoidance Strategies.

DesChyko:
Despite the sales being made? Wow!

Turns out business is not that it seems outwardly.

Oga, all businesses are crying now. Just the cost of power alone is overwhelming. Diesel that powers generators, imagine it costing 1350 per liter. Most factories cannot afford to shut down and restart production process when there is loss of electricity, so they run continuesly on generators. Imagine powering a 1000, 2000kva generator. Expenses on diesel alone can hit 15-20m daily. What business can survive under such condition.

Upon all the massive sales

Na cost of production de do people shege.

Simple arithmetic beer is now expensive all this plastic drinks sell more
People Hardly drink beer in clubs

Parydelegate:
Respite at last

Posting dividends in this BAT administration is not an easy feat even if na 2 kobo...its on record they paid shareholders dividends.

I still bought Trophy for 200 naira at the bar were I went to watch AFCON final. May it was because I wore my APC cap that's why it was sold to be at that price.

I don't think that is what they announced, from what I understood it seems to be a stock split.

Water beer too dey post loss.

There is no way Nigerian breweries operates at a loss.

Anguldi:
APC, sadly job sacking loading

Dem bring sorrows, blood and tears
Dem regular trademark

best comment so far. Sacking looming and that is all.

There have to be loses while mutani Kano dey destroy boozeThere have to be loses while mutani Kano dey destroy booze...

Parydelegate:
Respite at last

Posting dividends in this BAT administration is not an easy feat even if na 2 kobo...its on record they paid shareholders dividends.

I still bought Trophy for 200 naira at the bar were I went to watch AFCON final. May it was because I wore my APC cap that's why it was sold to be at that price.

check well no be beer them give u.

Nigeria Breweries also posted losses of over 100B for year 2023.
Waiting for Guinness Breweries financials.

Good news to religious leaders.

Parydelegate:
Respite at last

Posting dividends in this BAT administration is not an easy feat even if na 2 kobo...its on record they paid shareholders dividends.

I still bought Trophy for 200 naira at the bar were I went to watch AFCON final. May it was because I wore my APC cap that's why it was sold to be at that price.

They have posting losses for 6years. Was BAT here 6years ago

Mtscheeeew

I'll check their shares. Maybe it is a good time to buy some