Unilever Nigeria Plc has released its financial results for the nine months ended 30 September 2018.
Here are key highlights of the result:
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.
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.