Q1’20: Unilever Reports N13bn Gross Earnings, Sheds PAT by 26.71%

Unilever Nigeria Plc has reported a Turnover of N13.3billion in its unaudited 2020 quarter 0ne result, representing a decline of 30.71% away from N19.2 billion made same period last year in 2019.

The company shed about 27% of its Profit after Tax so far this year, closing the 2020 Q1 at N1.114 away from N1.520 billion recorded in 2019 financial report.

The earnings per share of the company consequently dropped by 26.71% from previous period’s N0.26 to current period’s N0.19

The current period’s PE Ratio is at 20.30x and the earnings yield at 4.93%.

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