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Article: Nigeria: Guinness Nigeria Nets N13.54 Billion Full Year Profit.(Financial report)
- Article from:
- TendersInfo
- Article date:
- October 3, 2009
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Management of Guinness Nigeria, on Tuesday, through the Nigerian Stock Exchange (NSE), informed investors that sales revenue grew faster than profit for the full year ended June 30, 2009. The company had earlier announced plans to pay a dividend of 750 kobo, an increase of 10.29 per cent over last year's 680 kobo, apparently because of its ongoing 250th year anniversary celebration.
According to the result, turnover for the period rose by N19.976 billion or 28.87 per cent to N89.148 billion, compared with the previous N69.172 billion. There was a slight increase in negative 'extraordinary items,' which stood at N1.262 billion, up from N1.242 billion in the ...