Earnings Report 2013 H1: Nestle Plc Post N13.2billion In Pre-Tax Profits

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[upme_private]Nestle Nigeria Plc released its 2013 H1 results showing revenue rose 10% to N62.4billion (2012 H1: N56.67billion). Gross profit also rose 14% to N26.8billion compared to N23.4billion it post in 2012 H1. Operating profits also rose comparatively by 19% to N14.5billion just as operating expenses as a percentage of Gross profit also dropped. Pre-tax profits rose 15% to N13.2billion (2012 H1: N11.5billion).

Nestle Plc released its 2013 H1 results in the website of the NSE[/upme_private]