UNILEVER declares N2.1bn Loss in Q3 2020 Unaudited Results; (SP:N13.15K)


Friday, October 23, 2020 / 1:52 PM / by NSE / Header Image Credit: Invest Advocate

Unilever Nigeria Plc released its Q3 2020 Unaudited results for the period ended September 30th, 2020.

Key Highlights

  • Revenue declined by -13.4% to N44.7bn from N51.6bn in the previous quarter.

  • Loss before tax stood at N2.6bn.

  • Loss after tax stood at N2.1bn.

  • Net Assets declined by -3.1% from N66.5bn to N64.5bn.

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