Home [ MAIN ] COVER Unilever Nigeria Pre-tax Profit Leaps by N1.42billion in Q1 2016

Unilever Nigeria Pre-tax Profit Leaps by N1.42billion in Q1 2016

Unilever Nigeria Plc, on Friday, April 15, announced that its pre-tax profit for the first quarter period ended March 31, 2016 jumped to N1.42 billion from N864.7 million recorded a year ago.

Similarly, profit after tax leaped to N1.04 billion from N590.4 million posted the same period of 2015.

Also, revenue of Unilever Nigeria for Q1 period increased 12.55 per cent to N16.78 billion from N1491 billion declared the same period of 2015, the consumer goods manufacturer said in a filing with the Nigerian Stock Exchange, NSE.

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