Unilever Nigeria reports N43.8bn as turnover in six months, PAT rises by 166.75%

Unilever Nigeria Plc on Friday published its Second Quarter report for the period ended 30 June 2022.

The company reported a turnover of N43.806 billion for the 6 months period, up by 35.12% from N32.421 billion reported the previous year.

Profit after tax grew year on year by 166.75% to N1.907 billion from N714.78 million profit reported in the first half of 2021.

Earnings per share of company stands at 33 kobo, up by 166.75 from 12 kobo reported the previous year.

At the share price of N15.50, the P/E ratio of Unilever stands at 46.70x with earnings yield of 2.14%.

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