Guinness Nigeria Reports N62bn Loss Despite Price Increase
Guinness Nigeria, a subsidiary of Diageo Plc, experienced a staggering after-tax loss of N61.7 billion for the nine-month period ending March 31, 2024, despite implementing significant price increases. The company’s financial report showed a stark contrast to the N5.9 billion profit recorded during the same period in 2023. Despite a notable 28 percent growth in … Read more