Results Announcement

International Breweries  Plc. Lagos, Nigeria
        
29 July 2019

Unaudited Results for the 6 months ended 30 June 2019

                        
				Current Year			Prior Year
				January - June 2019		January - June 2018
                                (6 Months period ended)      	(6 Months period ended)
				30 June 2019       		30 June 2018
                               
				N'000               		   N'000
                            
Revenue                          68,630,676           		 53,109,996

Costs of Sales                  (45,437,520)         		 (32,198,295)

(Loss)/Profit before Tax        (10,526,130)          		 (5,242,846) 

Taxation:

Current tax expense                (68,173)          		    (63,673)

Deferred tax                      3,752,907             	   2,460,170
  
(Loss)/Profit after Tax           (6,841,397)            	   (2,846,348)

Earnings Per Share (K) Basic          (80)                    		(33)

Earnings per Share (k) Diluted        (80)                    		(33)

Proposed Dividend		      NIL		    		NIL