PZ Cussons Nigeria Reports Loss of N2.43 Billion in Q1 2016 on FX Misfortune

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October 4, 2016

By InvestAdvocate

Lagos (INVESTADVOCATE)-Soap and detergent producer, PZ Cussons Nigeria Plc on tuesday reported a loss after tax of N2.43 billion in its first quarter (Q1) report for the period ended August 31, 2016.

The company made a loss before tax of N1.58 billion in the review period, while revenue increased 12 percent to N16.75 billion from M14.95 billion recorded the same period of 2015, PZ Cussons Nigeria said in a filing with the Nigerian Stock Exchange (NSE).

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