NESTLE Declares N45.7bn PAT in Q4 2019 Result,(SP:1130.0k)

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Tuesday, March 03, 2020 / 10:38 AM / By NSE / Header Image Credit: Dubawa


Nestle Nigeria Plc released its 2019 Audited results for the period ended December 31st, 2019.


Key Highlights

Revenue grew by 6.67% to N284bn from N266bn in the previous quarter.

Profit before tax grew by 19.03% to N71bn.

Profit after tax grew by 6.22% to N45.7bn.

Net Assets declined by -9.28% to N45.6bn from N50.2bn.

 

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