Nigerian Breweries Plc released its full-year financial results for 2015, showing a net profit decline of 10.5% to N38bn, from N42.5bn in 2014. However, sales revenue rose by 10.3% to N294bn, from N266bn in the previous year. The brewer saw a 43% jump in finance charges to N7.7bn, from N5.4bn in 2014.
Pretax profit also slid by 11.3% to N54.5bn, from N61.4bn in 2014.