Worldwide Breweries Plc staged a robust comeback in Q2 2025, posting a pretax revenue of N26.4 billion, a pointy turnaround from the N61.8 billion loss recorded in the identical interval final 12 months.
This restoration pushed its half-year revenue to N61.5 billion, in comparison with a lack of N150.2 billion within the first half of 2024.
The constructive efficiency was pushed by a pointy drop in finance prices and strong income development.
Whereas the price of manufacturing elevated to N105.4 billion within the quarter from N86.2 billion a 12 months in the past, the corporate nonetheless managed to develop its gross revenue by 83.51% to N61.9 billion.
Working bills together with administrative, advertising, and distribution prices rose to N31.7 billion, a 16.68% improve from N27.2 billion in the identical interval final 12 months.
On the stability sheet, complete belongings stood at N706.6 billion as of June 2025, barely down from N727.8 billion in December 2024.
The corporate additionally made progress in slicing its retained losses, decreasing the determine to N200.6 billion from N241.9 billion a 12 months earlier.
As of market shut on August 1, 2025, shares of the corporate had been priced at N13.80, reflecting a 148.65% year-to-date achieve.
