Nestlé Nigeria Plc has posted a profit before tax (PBT) of N51.58 billion for the third quarter ended September 30.
This was contained in the company’s Unaudited Financial Statements sent to the Nigerian Exchange (NGX) Ltd., signed by the Company Secretary/Legal Adviser, Mr. Bode Ayeku, on Monday in Lagos.
According to the financial statements, the PBT represented a five per cent growth compared to the N49.26 billion recorded in the comparative period of 2020.
Also, the statements showed a rise in profit after tax (PAT) for the period to N33.58 billion from N31.93 billion in the same period of 2020, representing a five per cent increase.
The company’s revenue also grew to N261.59 billion as against N212.73 billion recorded in the comparative period of 2020, showing a 23 per cent increase.
In another notice by the company on the NGX website, it stated that an interim dividend of 25k per 50k ordinary share would be paid to the shareholders whose names appeared on the register of members as at the close of business on November 19.
The Kaduna State Government has announced plans to spend N93 billion over four years for…
United States President-elect Donald Trump, on Thursday, November 7, 2024, announced that one of his…
Chelsea will aim to deepen Arsenal's misery in their Premier League clash at Stamford Bridge…
The National Insurance Commission (NAICOM) has given insurance companies a December 31, 2024, deadline to…
Oyo State Governor Seyi Makinde says the opposition Peoples Democratic Party (PDP) will do everything…
The Minister of Power, Adebayo Adelabu, has directed the Transmission Company of Nigeria (TCN) and…
This website uses cookies.