Nigerian Breweries Plc reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was NGN 599,643.03 million compared to NGN 550,637.99 million a year ago. Net loss was NGN 106,307.56 million compared to net income of NGN 13,182.21 million a year ago.

Basic loss per share from continuing operations was NGN 12.8 compared to basic earnings per share from continuing operations of NGN 1.58 a year ago. Diluted loss per share from continuing operations was NGN 12.8 compared to diluted earnings per share from continuing operations of NGN 1.58 a year ago.