29 March, 2024

Namibia: Namibia Breweries reports increased sales, revenue in the half year to December 31, but net income drops

Namibia Breweries Limited reported earnings results for the half year ended December 31, 2023. For the half year, the company reported sales was NAD 2,511.18 million compared to NAD 2,389.61 million a year ago. Revenue was NAD 2,139.09 million compared to NAD 1,860.16 million a year ago.

Net income was NAD 219.52 million compared to NAD 288.98 million a year ago. Basic earnings per share from continuing operations was NAD 1.063 compared to NAD 1.386 a year ago. Basic earnings per share was NAD 1.063 compared to NAD 1.399 a year ago.

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