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Home Markets Equities Company Results

Unilever Nigeria profit surge by 238% to N714.8 million in H1 2021.

Chidi Emenike by Chidi Emenike
July 17, 2021
in Company Results, Markets
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Unilever Nigeria Plc released its unaudited interim financial statements for the six months ended 30th of June, 2021.

  • Revenue for the period was N39.2 billion. (+43.2% YoY)
  • Cost of sales for the period was N29.3 billion. (+38.2% YoY)
  • Marketing and administrative expenses totalled N1.7 billion. (+34.3% YoY)
  • Operating profit for the period was N422.4 million. (+130% YoY)
  • Profit for the period was N714.8 million. (+237.7% YoY)
  • Earnings per share was 12 kobo (+233.3% YoY)

See link to results.

Tags: Company Financial ResultsUnilever 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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