Unilever Nigeria Says Pre-tax Profit up N1.42 Billion from N864.7 Million in Q1’16

Unilever

By InvestAdvocate

Lagos (INVESTADVOCATE)-Soap and detergent producer, Unilever Nigeria Plc said on Friday its pre-tax profit for the first quarter (Q1) period ended March 31, 2016 increased to N1.42 billion from N864.7 million recorded a year ago.

Similarly, profit after tax grew to N1.04 billion from N590.4 million posted the same period of 2015.

Also, revenue of Unilever Nigeria for Q1 period increased 12.55 percent to N16.78 billion from N1491 billion declared the same period of 2015, the soapmaker said in a filing with the Nigerian Stock Exchange (NSE).

Click here to view Unilever Nigeria Plc Unaudited Interim Financial Statements For the Three Months ended 31 March 2016

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