Business Guinness Nigeria Records 9% Increase in Revenue

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LequteMan

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Guinness Nigeria on Friday reported an 8 percent drop in its full-year pretax profit to 10.8 billion naira ($54.3 million), the local unit of Diageo has announced.

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However, revenue rose 9 percent to 118.5 billion naira in the 12 months to June 30, year-on-year, the company said.

It proposed to pay out 4.8 billion naira in dividends from its profits.


Reuters
 
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