Daily Archives: February 14, 2020

Year ends with loss for Int’l Breweries

beer

International Breweries Plc posted yet another loss for the last quarter of the year.

The brewing company which is a subsidiary of Anheuser-Busch InBev (AB InBev) posted a net loss of N9.2bn in Q4 2019, bringing its total losses for the year to N25.6bn. In the same period in 2018, the company’s total loss was N4bn.