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Backus & Johnston Brewery Q1 profit climbs YOY

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Backus & Johnston Brewery Q1 profit climbs YOY

4917034 said its first-quarter normalized net income amounted to 238.0 million soles, an increase from 231.4 million soles in the year-earlier period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin dropped to 20.7% from 21.6% in the year-earlier period.

Total revenue grew 7.1% year over year to 1.15 billion soles from 1.07 billion soles, and total operating expenses increased 11.0% on an annual basis to 754.5 million soles from 680.0 million soles.

eported net income came to 274.0 million soles Union de Cervecerias Peruanas Backus y Johnston SAA.