Guinness Nigeria H1 pretax profit falls 27.4 pct

Guinness Nigeria said on Monday that first-half pretax profit fell to 4.65 billion naira ($24.5 million), down 27.4 percent from 6.41 billion naira year ago.

However, turnover rose to 55.26 billion naira in the six-month period to December from 52.75 billion a year earlier, the local unit of Diageo said in a filing with the Nigerian Stock Exchange (NSE).