Nigerian Breweries’ first-half pretax profit falls 8.5%

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Nigeria Breweries Plc

LAGOS (Reuters) – Nigeria Breweries said on Tuesday its first half pretax profit fell 8.5 percent, year-on-year, to 30.99 billion naira ($155.8 million).

Revenues grew 7.2 percent to 151.67 billion naira during the six months to June 30, the local unit of Heineken said in a filing with the Nigerian Stock Exchange.

(Reporting by Chijioke Ohuocha; Editing by Pravin Char)

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