Nestle Nigeria Plc Earnings Down 97% (2016 9 Months)

Nestle Nigeria Plc released its 2016 result for the nine months ended 30 September 2016 ; See below

Revenue N’m

2016 9 Months|  N129, 482

2015 9 Months|  N107, 986

%age Change|     20%

Pre-tax profits N’m

2016 9 Months|  N5, 504

2015 9 Months| N20, 814

%age Change|    -74%

EPS (N)

2016 9 Months| N0.61

2015 9 Months| N21.75

%age Change|     -97%

This result was officially released on the 28th of October 2016.

[gview file=”https://cdn.nairametrics.com/wp-content/uploads/2016/10/NESTLE_NIG_PLC_Q3_SEPT_2016_FINANCIAL_STATEMENTS_OCTOBER_2016.pdf”]

Source: Nigerian Stock Exchange