Nestle Nigeria Plc Reports N21.7bn PAT in Q2 2021 Result,(Share Price:1540.0k)


Tuesday, August 3, 2021 / 1:25 PM / NGX / Header Image Credit: Nestle Nigeria

Nestle Nigeria Plc released its Q2 2021 Unaudited results for the period ended June 30th, 2021.

 Key Highlights

  • Revenue grew by 27% to N171bn from N135bn in the previous quarter.

  • Profit before tax declined by 1.4% to N33.4bn.

  • Profit after tax declined by 0.4% to N21.7bn.

  • Net Assets declined by -22% from N29bn to N23bn.

  • Share Price Currently Stands at N1540:0k

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