By Yakubu LAAH InvestAdvocate

Lagos (INVESTADVOCATE)-Soap makers Unilever Nigeria Plc on Monday said its pre-tax profit went down 46 percent from N2.021 billion in the Q1 of 2013 to N1.089 billion in the review period of 2014.

Also, post-tax profit declined 40.6 percent in the first quarter of 2014 as the company declared N750.629 million compared to N1.264 billion reported in same period of 2013.

Similarly, revenue dropped 2.8 percent from N14.233 billion in the Q1 of 2013 to N13.834 billion in the review period of 2014.