Unilever Nigeria Plc has posted a steep fall of N1.220 billion accounting for 50.58 per cent of what it made as profit after tax in 2014 financial.
The company in its annual report for the year ended 31 December, 2015 released to the Nigerian Stock Exchange yesterday in Lagos showed that it made N1.192 billion after tax during 2015 financial year as against N2.412 billion it made during the same period of 2014.
Its profit before tax in 2015 stood at N1.771 billion from N2.873 billion it made during the same period of 2014, profit before tax dropped by N1.102 billion, represented 38.36 per cent.
