International Breweries Plc reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was NGN 46,434.45 million compared to NGN 35,154.14 million a year ago. Net income was NGN 367.5 million compared to net loss of NGN 1,519.94 million a year ago. Basic earnings per share from continuing operations was NGN 0.01 compared to basic loss per share from continuing operations of NGN 0.06 a year ago.
For the nine months, sales was NGN 128,396.01 million compared to NGN 95,768.22 million a year ago. Net loss was NGN 13,520.03 million compared to NGN 10,877.16 million a year ago. Basic loss per share from continuing operations was NGN 0.5 compared to NGN 0.4 a year ago.