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Home Opinions Blurb

Earnings Report 2013 H1: Nestle Plc Post N13.2billion In Pre-Tax Profits

Nairametrics by Nairametrics
August 16, 2013
in Blurb
Earnings Report 2013 H1: Nestle Plc Post N13.2billion In Pre-Tax Profits
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[upme_private]Nestle Nigeria Plc released its 2013 H1 results showing revenue rose 10% to N62.4billion (2012 H1: N56.67billion). Gross profit also rose 14% to N26.8billion compared to N23.4billion it post in 2012 H1. Operating profits also rose comparatively by 19% to N14.5billion just as operating expenses as a percentage of Gross profit also dropped. Pre-tax profits rose 15% to N13.2billion (2012 H1: N11.5billion).

Nestle Plc 2013 H1

Nestle Plc released its 2013 H1 results in the website of the NSE[/upme_private]

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Nairametrics is Nigeria's top business news and financial analysis website. We focus on providing resources that help small businesses and retail investors make better investing decisions. Nairametrics is updated daily by a team of professionals. Post updated as "Nairametrics" are published by our Editorial Board.

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