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Home Sectors Consumer Goods

Nestle Nigeria Plc posts N21.73 billion profit in half year 2021.

Chidi Emenike by Chidi Emenike
July 28, 2021
in Consumer Goods
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Nestle Nigeria Plc released its unaudited financial results for the period ended 30th of June, 2021.

  • Revenue for the period was N171.44 billion. (+21.6% YoY)
  • Cost of sales was N105.01 billion. (+30.9% YoY)
  • Administrative expenses totalled N6.6 billion. (+0.53% YoY)
  • Profit for the period was N21.73 billion. (-0.43% YoY)
  • Earnings per share of N27.42 Vs N27.53 YoY.
  • Total assets for the period stood at N262.8 billion

See link to results.

Tags: Company Financial ResultsNestle 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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