Unilever Nigeria Plc records N97.44bn as turnover in 12 months, grows PAT by 91.26%

Unilever Nigeria Plc on Friday, January 19, 2024 published its Unaudited Financial Statement for the year ended 31, December 2023.

The Company reported a turnover of N97.438 billion for the 12 months period, up by 50.73% from N64.643 billion reported the previous year.

Profit after tax grew year on year by 91.26% to N8.54 billion from N4.47 billion reported the previous year.

Earnings per share of Unilever stands at N 1.49.

At the share price of N20.10, the P/E ratio of Unilever Nigeria Plc stands at 13.52x with earnings yield of 7.40%.

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