Nigerian Breweries reports N1 trillion in full year revenue but losses balloon to N144 billion in 2024 

Share

Nigerian Breweries Plc reported a post-tax loss of N144.8 billion for FY 2024, as detailed in its full-year audited financial report released on the NGX on February 14, 2025.


This figure represents a 36.3% increase in post-tax loss compared to the previous year when the company reported a loss of N106.3 billion.


However, the company achieved remarkable growth in its full-year revenue, soaring by 80.8% year-over-year to reach N1.08 trillion, up from N599.6 billion reported in the prior year.

Read more

Local News