NESTLE Declares N26.25 bn PAT in Q2 2019 Result,(SP:1300.0k)

Monday, July 29, 2019 / 12:31PM / NSE

Nestle Nigeria Plc released its Q2 Unaudited Results for the Period ended June 30, 2019.

Key Highlights

Revenue grew by 4.89% to N141.91bn from N135.30bn in the previous year.

Profit Before Tax grew by 26.87% to N40.44bn from N31.87bn recorded in the previous year.

Profit After Tax also grew by 22.31% to N26.25bn.

Net Assets however declined by 16.93% to N45.87bn from N55.22bn as at 31st December, 2018.

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