Nestle Nigeria Plc on Tuesday published its Annual Report for the year ended 31 December 2023.
The Company reported revenue of N547.12 billion for the 12 months period, up by 22.45% from N446.82 billion reported the previous year.
Loss after tax of N79.47 billion was reported for the 12 months period against N48.97 billion profit reported the previous year.
Earnings per share of the Company stands at negative N100.26.
At the share price of N990, the P/E ratio of Nestle Nigeria Plc stands at -9.71x with earnings yield of -10.13%