Guinness Plc’s Malt division contributes N39.29 billion to total revenue
Guinness Nigeria Plc recently released its HY 2021 results ended December 2021, revealing impressive top and bottom-line growth, with Revenue standing at N109 billion, as the beer company’s Malts Division contributed N39.28 billion to Half-year 2021 revenue.
This was disclosed at the Investors Presentation following the release of its half-year results, which revealed that the Malts & RTDs divisions impressively grew by 149% and 80% y-o-y, respectively.
The Malts & RTDs division include Malta Guinness, Orijin and Smirnoff Ice Malt.