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Nairametrics
Home Markets Equities Company Results

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

Chidi Emenike by Chidi Emenike
July 28, 2021
in Company Results, Markets
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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.

See link to results.

Tags: Company Financial ResultsVitafoam 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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