Champion Breweries posted a revenue of 4.77 billion naira, and a profit before tax of 2.25 billion naira for 2022. This is coming at a time when most companies struggled to post profit. It shows how large and good the industry performs in the state.
Champions Breweries Profit 2022
Champions Breweries and Champions Beer has been in existence in Nigeria for a while. The company was popular at a time in Nigeria across some regions. This was before it became Akwa Ibom’s prominent beer company.
Thus, the company has a large stake in the high beer consumption in Akwa ibom, and its neighboring states where it has the biggest market share.
Champion Breweries manufactures Champion Lager Beer, Champ Malta, as well as a selection of non-alcoholic beverages.
The brewery is owned by the parent company of Nigerian Breweries (Heineken Holland), and the factory is located at Uyo, Akwa Ibom State.