WorldStage Newsonline– Guinness Nigeria Plc, a leading brewing company has released its Unaudited Financial Statements for the nine month period ended 30 September, 2020 with an improvement in revenue at N30.024 billion from N26.9 billion in same period in 2019.
The result released at the Nigerian Stock Exchange on Wednesday showed that losses became worse 127% at N841 million from N370 million in 2019.
Guinness Nigeria, a public Company quoted on the Nigerian Stock Exchange, was incorporated in Nigeria on 29 April 1950, as a trading company importing Guinness Stout from Dublin. The Company has since transformed itself into a manufacturing operation and its principal activities continue to be brewing, packaging, marketing and selling of of Guinness Foreign Extra Stout, Guinness Smooth, Malta Guinness, Guinness Gold, Harp Lager, Smirnoff Ice, Satzenbrau Lager, Dubic Malt, Snapp, Orijin Spirit Mixed Drink, Orijin Bitters, Smirnoff Ice Double Black with Guarana, Orijin Zero and Orijin Herbal Gin, Baileys Delight, Gordons Moringa among others
