Unilever Nigeria Plc released its earnings reports today.
As expected Unilever did not outperform. Unilever has released its unaudited report for the period ended 31st March 2020. The Company recorded a turnover of N13.3 billion in the period under review. This represents a 46% increase compared to the previous quarter 4 2019 and a 31% decline compared to N19.2bn recorded for the corresponding period, Q1 2019.
The result shows the company also recorded a profit after tax of N1.1bn for the period ended 31st March 2020 representing a 27% decline when compared to N1.5billion recorded for the period ended 31st March 2019.
Last edited: