Guinness Reports First Annual Loss In 30 Years
The document filed with the Nigerian Stock Exchange (NSE) revealed that turnover declined by 14 percent from N118.49 billion recorded in 2015 to N101.973 billion in 2016. While operating profit dropped by 72 percent from N15.667 billion to N4.415 billion. The company ended the year with a pretax loss of N2.347 billion and loss after tax of N2 billion, making…Read More