By InvestAdvocate

Lagos INVESTADVOCATE)-Soap and detergent maker, Unilever Nigeria Plc said on Wednesday its third quarter (Q3) profit after tax (PAT) for the period ended September 30, 2015 went down 92 percent to N140.96 million from N1.821 billion recorded a year ago.

Similarly, profit before tax (PBT) dipped same margin of 92 percent to N201.36 million from N2.546 billion posted same period of 2014.

Revenue of Unilever dropped from N43.632 billion in the Q3 of 2014 to N42.699 billion declared in the review period of 2015; indicating a decline of two (2) percent, the soap maker said in a filing with the Nigerian Stock Exchange (NSE).