Nigeria: Nigerian Breweries reported 14.4% rise in half-year pretax profit

Nigerian Breweries said on July 21 its half-year pretax profit grew to 33.88 billion naira, up 14.4 percent from 29.60 billion a year ago.

Turnover also rose to 141.49 billion naira in the six months to June 30, compared with 133.81 billion in the same period of last year, the local unit of Dutch brewer Heineken said in a filing with the Nigerian Stock Exchange.

23 July, 2014