By Yakubu LAAH InvestAdvocate

Lagos (INVESTADVOCATE)-Soap makers, PZ Cussons Nigeria Plc Tuesday said its profit before tax (PBT) increased 32 percent (32%) in its third quarter (Q3) report for the period ended March 01, 2014.

From the Q3 financial statement of the company released to the Nigerian stock exchange (NSE), PBT climbed to N5.174 billion from N3.909 billion in the previous year.

Similarly, profit after tax (PAT) also grew 33% as the company reported N3.866 billion for the period ended March 01, 2104 compared to N2.901 billion the last year.

Revenue by the soap maker increased slightly 2.04% PZ Cussons recorded N52.594 billion in the review period compared to N51.543 billion in the previous year.

As at the end of closing Tuesday at the Nigerian bourse, share price of the soap maker opened at N32.00 and closed N33.45 gaining N1.45 and up 4.5%.