Guinness Nigeria Plc shareholders, who own 50 shares of the UK-based Diageo Plc subsidiary, approved a proposed dividend pay-out of N15. 6 billion, or N7.14 per share.
According to the company’s financial results for the quarter that concluded on June 30, 2022, revenue increased by 29%; this is from N160 billion in 2021 to N206.8 billion. “Guinness Nigeria continues to be the only Total Beverage Alcohol Company in Nigeria,” she continued.
The company’s managing director, Baker Magunda, gave a speech at the AGM and expressed confidence that the business will continue to bolster on its path of consistent profitability.
According to Bright Nwabughogu, the shareholders were happy and appreciative of the management for bringing the business into profitability.