November 19, 2013 / 2:36 PM / in 4 years

Guinness Nigeria Q1 pretax profit falls 30 pct

LAGOS, Nov 19 (Reuters) - Guinness Nigeria, a unit of Diageo, said on Tuesday its first quarter pre-tax profit to Sept. 30 fell by 29.81 percent to 1.86 billion naira ($11.7 million), from 2.65 billion naira a year ago.

Guinness Nigeria’s gross earnings declined to 22.41 billion naira, compared with 23.69 billion the same period a year ago.

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