Nigerian Breweries Plc reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was NGN 227,120.33 million compared to NGN 123,313.95 million a year ago. Net loss was NGN 52,089.48 million compared to NGN 10,715.2 million a year ago.

Basic loss per share from continuing operations was NGN 6.27 compared to NGN 1.29 a year ago. Diluted loss per share from continuing operations was NGN 6.27 compared to NGN 1.29 a year ago.