Champion Breweries Plc 2023 Annual Report

Champion Breweries Plc ( 2023 Annual Report

By Published On: April 8, 2024TYPE: Annual ReportsYear: 2023Period: Country: NigeriaSector: Beverages

Champion Breweries Plc ( listed on the Nigerian Stock Exchange under the Beverages sector has released its 2023 annual report.

For more information about Champion Breweries Plc ( reports, abridged reports, interim earnings results and earnings presentations visit the Champion Breweries Plc ( company page on AfricanFinancials.

Indicative Share Trading Liquidity

The total indicative share trading liquidity for Champion Breweries Plc ( in the past 12 months, as of 5th April 2024, is US$1.96M (NGN1.38B). An average of US$163.54K (NGN114.8M) per month.

Champion Breweries Plc 2023 annual report

Company Profile

Champion Breweries Plc is an established brewery in Nigeria manufacturing Champion Lager Beer and Champ Malta as well as a selection on non-alcoholic beverages. The company also brews and packages products under contract to Nigerian Breweries Plc. The main brands in its product portfolio are Champion Lager Beer and Champ Malta. Champ Malta is a flavoured beer with a golden colour and distinct aroma. The company has undergone a number of name changes; established as South East Breweries Limited, the name changed to Cross River Breweries Limited and thereafter to Champion Breweries Limited which was later changed to Champion Breweries Plc. In 2011, Consolidated Breweries acquired a 57% equity stake in Champion Breweries which was originally held by Montgomery Ventures Inc (Panama). In 2013, Raysun Nigeria Limited, a wholly-owned subsidiary of Heineken, purchased Consolidated Breweries and now holds a majority equity stake in Champion Breweries Plc. The company’s head office is in Akwa Ibon state, Nigeria. Champion Breweries Plc is listed on the Nigerian Stock Exchange