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2018: Guinness Nigeria reports 249% hike in profit

2018: Guinness Nigeria reports 249% hike in profit

UGO AMADI

Guinness Nigeria Plc delivered a solid performance in the year ended 30 June 2018 as revenue increased by 14% from N125.92 billion in June 2017 to N142.98 billion. The results, which were released to the Nigerian Stock Exchange (NSE), also showed improved operating margin, as benefits from the company’s productivity program more than offset sustained cost pressures.

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