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Nairametrics
Home Markets Equities Company Results

P Z Cussons Nigeria Plc grows profit after tax by 209% to N231.09 million in Q1 2021.

Chidi Emenike by Chidi Emenike
October 22, 2021
in Company Results, Consumer Goods, Markets
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PZ Cussons Nigeria Plc released its unaudited financial statement for the first quarter of the year (Q1, 2021) ended 31st of August 2021.

  • Revenue for the period was N22.2 billion (+18.7% YoY).
  • Cost of sales stood at N16.52 billion. (+19.6% YoY)
  • Administrative expenses totalled N1.81 billion. (+2.4% YoY)
  • An operating profit of N1.51 billion was recorded during the period (+99.3% YoY)
  • Profit for the period was N231.09 million. (+208.8% YoY)
  • Earnings per share of 6 kobo. (+220% YoY)
  • Operating margin of 7% Vs 4% YoY.

See link to results.

Tags: Company Financial ResultsPZ Cussons 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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