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2014 9 Months: Despite Weakning Revenue Growth, Stable Cost Helps Vitafoam Post 5.7% Rise In Pre-tax Profits

Nairametrics by Nairametrics
August 1, 2014
in Uncategorized
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Vitafoam Plc has reported a 3% rise in revenues as sales rose to N13.3billion compared to N12.9billion the year before. Operating expenses closed higher at N3.2billion compared to N3billion posted a year earlier. Pre-tax profits however edged higher at 5.7% to close at N754million compared to N712.7million posted a year earlier.

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