PZ Cussons Nigeria Plc has released its unaudited financial results for the first quarter ended Saturday, August 31, 2019.
This was revealed in a notification sent by the firm to the Nigerian Stock Exchange.
Revenue: During the period under review, the company recorded N15.80 billion in revenue as against N15.89 billion recorded in the quarter of 2018. This represents a 0.55% revenue reduction.
Profit After Tax: Similarly, the company recorded a loss after tax of N1.1 billion in the quarter of 2019, compared to a loss after tax of N204 million recorded during the same period in 2018. This represents a 435.49% decline.
Earnings Per Share (EPS) stood at a loss of 28 kobo in 2019 compared to another loss of 5 kobo in 2018.