Guinness Ghana Breweries Limited Announces Audited Earnings Results for the Year Ended June 30, 2018
Guinness Ghana Breweries Limited announced audited earnings results for the year ended June 30, 2018. For the year, the company reported revenue of GHS 623,102,000 compared with GHS 587,447,000 a year ago. Operating profit was GHS 52,465,000 compared with GHS 41,857,000 a year ago. Profit before income tax was GHS 35,430,000 compared with GHS 11,576,000 a year ago. Profit for the year was GHS 23,855,000 compared with GHS 6,914,000 a year ago. Net cash generated from operating activities was GHS 78,962,000 compared with GHS 58,737,000 a year ago. Additions to property, plant and equipment was GHS 61,327,000 compared with GHS 42,437,000 a year ago.