Vitafoam Nigeria Plc posts profit of N1.4 billion in Q2 2020

Vitafoam Nigeria Plc released its unaudited results for the first quarter of the year (Q1, 2021). Revenue for the period was N10.7 billion. (+65.5% YoY) Cost of sales was N6.9 billion. (+79.7% YoY) Administrative expenses totalled N1.35 billion. (+11.8% YoY) Operating profit of N2.14 billion. (+55.4% YoY) Profit for the period was N1.4 billion. (+76.7% […]