Daily Archives: April 24, 2016

Guinness Nigeria records loss in third quarter

Guinness Nigeria Plc, known for its iconic Guinness stout,  among other brands reported a pre-tax loss of (N448m) in the just released third quarter results ending 31 March 2016. Net income also fell into negative at (N308m). In the same period a year ago, the company recorded N2.5bn in pre-tax profit and N1.8bn net income respectively.