Guinness Nigeria PLC 2018 Annual Report with Sustainability Disclosures
The report highlights Guinness Nigeria Plc's financial and sustainability performance for the fiscal year ended June 30, 2018. Despite a challenging business environment and a 14% decline in the beer market volume, the company achieved a 14% increase in revenue to N142.98 billion and a 249% increase in profit after tax to N6.72 billion. On the sustainability front, the company expanded its local sourcing of sorghum and cassava, partnering with over 5,000 smallholder farmers, and advanced its Water of Life program to provide safe drinking water in Kebbi State. Additionally, Guinness Nigeria successfully completed the Corporate Governance Rating System assessment and introduced new PET packaging lines for its non-alcoholic brands.
Company: Guinness Nigeria PLC
Sector: Manufacturing
Country: Nigeria
Year: 2018
Type: Annual Report with Sustainability Disclosures
Pages: 124
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Guinness Nigeria PLC
Annual Report And Financial Statements
The report highlights Guinness Nigeria Plc's financial and sustainability performance for the fiscal year ended June 30, 2018. Despite a challenging business environment and a 14% decline in the beer market volume, the company achieved a 14% increase in revenue to N142.98 billion and a 249% increase in profit after tax to N6.72 billion. On the sustainability front, the company expanded its local sourcing of sorghum and cassava, partnering with over 5,000 smallholder farmers, and advanced its Water of Life program to provide safe drinking water in Kebbi State. Additionally, Guinness Nigeria successfully completed the Corporate Governance Rating System assessment and introduced new PET packaging lines for its non-alcoholic brands.
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Document Details
Report Year
2018
Reporting Period
Jul 1, 2017 - Jun 30, 2018
Fiscal Year
2018
Published
Oct 24, 2018
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
No data available
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Workplace Fatalities
Employees