Vitafoam Nigeria Plc Posts N3.41 billion Profit in 9M 2020.

Vitafoam Nigeria Plc released its unaudited financial results for the nine months period ended June 30, 2021.

• Revenue for the period was N26.8 billion. (+63% YoY)
• Cost of sales was N17.3 billion. (+85% YoY)
• An operating profit of N5.1 billion was recorded.(+40.4% YoY)
• Administrative expenses totalled N3.76 billion. (+20.3% YoY)
• Profit for the period was N3.41 billion. (+59.2% YoY)
• Earnings per share of N2.92 Vs N1.61 YoY.

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