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Namibia Breweries Ltd FY22 Initial Impression

Namibia Breweries Ltd FY22 Initial Impression

Namibia Breweries Ltd (NBS) reported its financial results as at 30 Jun ’22 earlier today. The Company reported an operating profit increase of 8.9% y/y, while profit after tax from continuing operations and HEPS increased by 8.2% y/y and 46.6% y/y, respectively. The results have not yet surpassed ’19 levels, indicating NBS has not fully recovered from COVID-19 restrictions.

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