By Peter OBIORA InvestAdvocate

Lagos (INVESTADVOCATE)-Soap maker, PZ Cussons Nigeria Plc said on Friday its profit after tax (PAT) for the nine months period ended February 28, dropped 28.3 percent to N2.787 billion in 2014 from N3.886 billion posted in same period of 2013.

Also, profit before tax (PBT) declined 22.9 percent to N3.991 billion from N5.174 billion in the corresponding period of 2013.

Revenue grew slightly from N52.594 billion to N52.889 billion in the same period of 2013; indicating a 0.6 percent growth, PZ Cussons said in a filing with the Nigerian Stock Exchange (NSE).

However, the soap producer said it has proposed to offer shareholders of the company a 20 kobo interim dividend for the review period.

PZ Cussons say closure date is 30 to 31 March, 2015, while payment date has been scheduled April 7, 2015.

The company is yet to announce its annual general meeting (AGM) date and venue.