Daily Archives: February 7, 2020

Guinness Nigeria post further profit decline amid stiff competition, impact of excise duty increase

guinness Nigeria

Guinness Nigeria Plc said that its revenue and profit continued to face market challenges in the first half of the year.

The drinks company reported a tepid rise in sales for the six months to the end of December. Sales rose by 1% to N68.3bn from N67.8bn in the same period in 2019.