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Home Markets Equities Company Results

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

Chidi Emenike by Chidi Emenike
April 30, 2021
in Company Results, Consumer Goods, Markets
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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% YoY)
  • Earnings per share of N2.17 Vs N1.30 YoY.

See link to results.

Tags: Company Financial ResultsVitafoam Nigeria Plc
Chidi Emenike

Chidi Emenike

Chidi Emenike is a graduate of economics, a Young African Leadership Initiative Fellow and an Investment Foundations certificate holder. He worked as a graduate Teaching Assistant in the Federal College of Education Kano and is also a trained National Peer Group Educator on Financial Inclusion

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