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

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.