International Breweries records N111.8b loss amid forex woes
International Breweries Plc reported a pre-tax loss of ₦111.8 billion for the year ended 31 December 2024, representing a 14.96% increase from the ₦97.2 billion loss in 2023. This was driven by rising sales costs, expenses, and a significant net foreign exchange loss. The company experienced impressive revenue growth, rising from N139.9 billion to N260.5 […]