Nigeria’s Heineken unit Q1 pretax profit falls 2 pct

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LAGOS – Nigerian Breweries, a unit Dutch brewer Heineken, said its first quarter pre- profit fell 2 percent to 14.43 ($73 ) from a year ago.

The brewer’s gross earnings however rose to 69.92 in the period to end-March from 68.97 a year ago, said in a statement without giving a reason for the weaker profit.

($1 = 199 naira) (Reporting by Oludare Mayowa; Editing by James Macharia)(Reuters)
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