Guinness Nigeria posted an annual loss of 17.07 billion naira ($45 million), its first in four years, hurt by writedowns and coronavirus-induced disruptions, sending its shares almost 9% lower on Friday.
The company, which is 54% owned by Diageo, posted a profit of 7.10 billion naira a year earlier.
($1 = 381.0000 naira)
Source: Reuters
