Unilever Nigeria Plc reports N11bn profit in 9 months

Unillever Nigeria Plc has reported significant growth of 559% in profit after tax for the period ended 30 September 2024.

The manufacturing company reported revenue of N103.848 billion for the 9 months period, up by 45.84% from N71.206 billion reported the previous year.

Profit after tax grew by 559.25% to N11.009 billion for the 9 months period, from N1.67 billion reported in the Third Quarter of 2023.

Earnings per share of Unilever stands at N1.92.

At the share price of N19, the P/E ratio of Unilever stands at 9.92x with earnings yield of 10.09%.

Leave a Reply

Your email address will not be published. Required fields are marked *