Guinness Nigeria says 9-month pretax profit falls 9 per cent

Guinness Nigeria said on Friday its 9-month pretax profit fell 9 percent to N7.13 billion ($36 million) compared with the same period a year earlier.

Revenue in the local unit of Diageo however rose to 84.75 billion naira compared with 78.01 billion, the firm said in a statement without giving a reason for the weaker profit.