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Home Markets Equities Company Results

H1 2018 Result: Unilever Nigeria Plc records 55% rise in profits

mudeerat olawunmi by mudeerat olawunmi
August 14, 2018
in Company Results, Markets, Stock Market
Unilever Nigeria

Unilever Nigeria

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Unilever Nigeria Plc recently released its H1 2018 financial statements for the year ended 30 June 2018.

Here are the key highlights of the reports:

Revenue

The company reported a turnover of ₦48.13 billion for the period ended June 2018 compared to ₦42.63 billion reported for the period ended June 2017. This represents a 13% increase.

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Profit Before Tax

Profit before tax was ₦7.55 billion for the period ended June 2018, a 57% increase compared to a profit of ₦4.82 billion reported for the period ended June 2017.

Profit After Tax

The company’s profit after tax for the half year ended 30th June 2018 was ₦5.72 billion, a 55% increase compared to a profit of ₦3.68 billion recorded in H1 2017.

Earnings Per Share

Unilever Nigeria Plc reported earnings per share of 100 kobo for the period ended June 2018 as against earnings of 97 kobo reported for the comparative period in 2017.

Current Share Price

Unilever Nigeria Plc stock closed at N53.00 with a 1-year return of 17.56%.

DOWNLOAD UNILEVER NIGERIA PLC H1 2018 RESULTS


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Tags: 2018 Half Year ResultsUnilever Nigeria Plc
mudeerat olawunmi

mudeerat olawunmi

Mudeerat Olawunmi is a graduate of Business Administration with over 5 years experience in online data gathering and analysis. Wunmi is a data analysts at Nairametrics and helps ensure that our readers get some of the most important macro and micro economic data required to help make investing decisions.

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Comments 1

  1. George Abiodun Ayodele says:
    August 22, 2018 at 9:21 pm

    How do I redeemed my dividend so far?

    Reply

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