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

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.