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Home Companies Company News

Unilever releases 9-month financial result, PAT increase by 90%

Ibukun Samuel by Ibukun Samuel
October 26, 2018
in Company News, Markets
Unilever Nigeria

Unilever Nigeria

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Unilever Nigeria Plc has released its financial results for the nine months ended 30 September 2018.

Here are key highlights of the result:

Revenue

Revenue for the group increased from ₦65.3 billion in 2017 to ₦72.3 billion in the year under review. This represents a 10.7%  increase year on year.

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Profit Before Tax

Profit Before Tax increased from ₦6.5 billion in 2017 to ₦12.6 billion in 2018. This represents a 94% increase year on year.

Profit After Tax

Profit After Tax also increased from ₦4.8 billion in 2017 to ₦9.5 billion. This represents a 98.1% increase year on year

Earnings Per Share

The Earnings Per Share also increased from ₦1.28 in 2017 to ₦1.66 in 2018. This represents a 29.6% increase year on year.

Current Share Price

Unilever Nigeria Plc is currently trading at ₦43.50 in today’s trading session on the floor of the Nigerian Stock Exchange.

DOWNLOAD UNILEVER NIGERIA PLC Q3 2018 RESULTS


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Ibukun Samuel

Ibukun Samuel

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