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Unilever Nigeria Plc released its financial results for the nine months ended 30 September 2015.
The result showed that revenue declined by 2.14% from N43 billion in Q3’2014 to N42 billion in Q3’2015.
Pre-tax Profits also declined by 92.11% from N2.5 billion in Q3’2014 to N201 million in Q3’2015
See Summary of result below..
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| Unilever Nigeria Q3 2015 | 2015 | 2014 | % Change |
| N’m | N’m | ||
| Revenue | 42,699 | 43,632 | -2.14% |
| Gross Profit | 14,864 | 16,759 | -11.31% |
| Operating Expenses | -2,393 | -1,194 | 100.42% |
| Pre-tax profits | 201 | 2,546 | -92.11% |
| Profit After Tax | 140 | 1,821 | -92.31% |
| Share Price (As at Press time) | 40.71 |
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