International Breweries Plc reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was NGN 53,881.98 million compared to NGN 42,997.24 million a year ago. Net loss was NGN 384.97 million compared to NGN 11,308.62 million a year ago. Basic loss per share from continuing operations was NGN 0.01 compared to NGN 0.42 a year ago.
For the six months, sales was NGN 111,403.59 million compared to NGN 81,961.56 million a year ago. Net income was NGN 336.2 million compared to net loss of NGN 13,887.54 million a year ago. Basic earnings per share from continuing operations was NGN 0.01 compared to basic loss per share from continuing operations of NGN 0.52 a year ago.