Daily Archives: July 2, 2019

Golden Guinea releases results for year ended March 2019

Golden Guinea Breweries Plc, on Tuesday reported on its full year financials for periods Apr 2018 – Mar 2019.

The Umuahia, Abia State brewer, which has not been active for 16 years following a fire outbreak at its facility in 2003 said in its report that it has not resumed its principal activities of brewing during the year under review as a result of the ongoing reactivation activities.

The company further said that “Positive efforts and active steps are being taken to resuscitate the company, and major milestones have been achieved as at the time these financial statements were approved in June 2019,” the statement read.