Guinness Nigeria Q1 pretax profit falls 30 pct


guinness-logoGuinness Nigeria, a unit of Diageo, said on Tuesday its first quarter pre-tax profit to September 30 fell by 29.81 percent to 1.86 billion naira ($11.7 million), from 2.65 billion naira a year ago.

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Guinness Nigeria’s gross earnings declined to 22.41 billion naira, compared with 23.69 billion the same period a year ago,Reuters reports.

Babatunde Akinsola
Babatunde Akinsola
Babatunde Akinsola is aNaija247news' Southwest editor. He's based in Lagos and writes on the Yoruba Nation political issues, news and investigative reports

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