Unilever Nigeria Plc reports a loss of N492 million in Q1 2021.

Unilever Nigeria Plc released its unaudited results for the first quarter of the year (Q1, 2021).

• Revenue for the period was N19.43 billion. (+45.7% YoY)
• Cost of sales was N14.95 billion. (+51% YoY)
• Marketing and administrative expenses totalled N3.8 billion. (+63.3% YoY)
• Loss for the period was N492 million. (-144.1% YoY)
• Loss per share of 9 kobo. (-135% YoY)

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