Guinness Income Falls Flat Despite Reduced Cost
Guinness Nigeria Plc full-year profit fell despite reduction in input costs, as the brewer grapples with weak sales caused by brand disloyalty and [showads ad=GLO]spiraling interest expense, analysis of the financial shows. For the 12 months through June 2014, the company’s pretax profit fell by 31 percent to N11.68 billion from N 17 billion the…

