Champion Breweries posted a N9.2 million profit in (Q1) 2015 results

Champion Breweries Plc, the Akwa-Ibom based brewer said that it recorded a 9.2 million profit after tax (PAT) in the first quarter or period ending March 31, 2015, compared to a (N391.50) million loss it recorded for the same quarter in 2014.

In addition, the company reported a profit before tax (PBT) of N13.4 million for the first quarter (Q1), compared to a loss of (N391.50) million in the preceding year.

Revenue grew by 41.01 percent to N245.6 million, compared to N174.2 million it earned for the same quarter in 2014.

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