GUINNESS NIGERIA PLC

Location

Lagos

Founded

1950-03-28

Risk Signals

550 news mentions monitored

Industry Context

This company is tracked across risk categories, including those related to its sector (e.g., Malt Beverages, Groceries and Related Products, Not Elsewhere Classified, Chemicals and Allied Products, Not Elsewhere Classified), including supply chain integrity, ESG practices, labor disputes, and regulatory compliance.

Recent Articles about GUINNESS NIGERIA PLC

Live alerts from global media, monitored by Business Radar

NNPCL under fire as $897m Warri refinery revamp flops

2025-04-28 (punchng.com)

NNPCL under fire as $897m Warri refinery revamp flops

Guinness Nigeria Plc has reported a profit after tax of N6.72bn for the nine months ended March 31, 2025, marking a rebound from the loss of N61.65bn posted in the same period of 2024.

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FX revaluation woes haunt brewers as losses mount

2024-11-07 (businessday.ng)

FX revaluation woes haunt brewers as losses mount

For about 18 months now, Nigerian companies have been haunted by the devaluation of the naira. With the Naira depreciating by over...

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Guinness Nigeria building biggest loss in years, closes Q3 with N61.7bn loss

2024-05-03 (thecable.ng)

Guinness Nigeria building biggest loss in years, closes Q3 with N61.7bn loss

Guinness Nigeria Plc is building the biggest loss in many years of trading in the current financial year ending June with net loss already towering at N61.7 billion at the end of the third quarter (Q3).

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Guinness Nigeria Falls 10% To N100bn After Selloffs

2024-03-08 (bizwatchnigeria.ng)

Guinness Nigeria Falls 10% To N100bn After Selloffs

Guinness Nigeria Plc's market value fell 10% to N100.538 billion on Thursday due to more departures by shareholders as a result of the brewer's poor financial performance.Investors were hurting when the firm reported a loss in the second quarter of its financial year 2024 earnings scorecard, whi

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FX Woes: Blue chip firms struggle as Nestle, NBL, MTN, Guinness, others lose N1.24 trillion -

2024-03-03 (vanguardngr.com)

FX Woes: Blue chip firms struggle as Nestle, NBL, MTN, Guinness, others lose N1.24 trillion -

INDICATIONS have emerged that more multinational corporations and indigenous companies operating in the country risk more Foreign Exchange losses as exchange rate woes continue to pose a challenge to their operations.

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Guinness posts over N5bn loss

2024-01-25 (punchng.com)

Guinness posts over N5bn loss

Foreign exchange expenses eroded the operating profit of Guinness Nigeria Plc for the year ended December 2023, resulting in N5.233bn loss.

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Guinness Nigeria slashes impairment loss, returns to profit | TheCable

2021-10-10 (thecable.ng)

Guinness Nigeria slashes impairment loss, returns to profit | TheCable

Guinness Nigeria Plc has slashed a huge impairment loss of roughly N12 billion that caused a loss of N12.6 billion last year. The impairment loss, which was a write off

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Guinness Nigeria faces a year of multiplying loss | TheCable

2017-02-10 (thecable.ng)

Guinness Nigeria faces a year of multiplying loss | TheCable

Guinness Nigeria is experiencing a worse year in operations after closing its last financial year in the first loss record in years. At the end of its second quarter operations

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