Nigerian Breweries reported a 61 per cent decline in net finance expenses, which helped lift profit before tax by 18 per cent during the review period. Commenting on the results, Company Secretary and Legal Director of Nigerian Breweries Plc, Uaboi Agbebaku, said the performance demonstrates the company’s resilience despite the difficult operating environment. AdvertisementHe attributed the revenue growth to effective revenue management actions and strategic initiatives implemented across the business. AdvertisementAgbebaku said the company’s gross profit margin expanded by two percentage points during the period, while operating activities continued to improve. According to Agbebaku, the stronger cash position provides Nigerian Breweries with greater flexibility to respond to changing market conditions while supporting the execution of its strategic priorities.