GUINNESS NIG. PLC RELEASES HALF YEAR 2015 RESULTS.

Guinness Nigeria Plc.recently released its audited half year result for the period ended June 30th 2015. Its stock opened at N129 per share today Monday from its previous Friday closing price of N128 per share. The company experienced a revenue growth of 9 percent from N109.2 billion in Half year 2014 to N118.5billion. Profit before tax declined to 8 percent to N10.8 billion and profit after tax dropped to 19 per cent to N7.8 billion from N9.6 nillion in H2014. The company has a N192 billion market capitalisation with 1.51 billion shares outstanding. Basic earnings per share however declined 19 per cent to 518 from 636 as Net asset appreciated 7 per cent to N48.3 billion in H1 2015 from N45 billion in 2014.