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Home Companies Company News

[Corporate Action] Nestle Nigeria PAT Rises By 2% to N17 billion In Q3’2015

Editor by Editor
October 27, 2015
in Company News
Why Nestle Nigeria is declaring dividend in March only to pay 9 weeks later in May
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Nestle Nigeria Plc released its financial results for the period ended 30th September 2015.

The result showed that revenue rose by 5% from N102 billion in 2014 to N107 billion in 2015.

Profit before tax rose by 3.25% from N20 billion in 2014 to N20.8 billion in 2015.

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See Summary of result below…

NESTLE NIGERIA Q3 201520152014% Change
N’mN’m
Revenue107,985102,6655.18%
Gross Profit48,01044,3058.36%
Operating Expenses-23,333-22,2015.10%
Pre-tax profits20,81320,1583.25%
Profit After Tax17,23616,8622.22%
Current Share Price

DOWNLOAD RESULT

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