Nigeria Business & Finance Updates

Nestle Nigeria Plc, Financial Results

Financial Results – Nestle Nigeria Plc
First Quarter Ended 31st March, 2019
2019
N (‘000)
2018
N (‘000)
Percentage Difference
Gross Earnings 70,988.75 67,463.65 5%
Profit Before Tax 19,121.20 13,640.43 40%
Tax (6,274.88) (5,034.54)
Profit After Tax 12,846.32 8,605.88 49%
Second Quarter Ended 30th September, 2018
2018
N (Millions)
2017
N (Millions)
Percentage Difference
Gross Earnings 203,134.73 185,242.45 10%
Profit Before Tax 48,088.55 34,479.02 39%
Tax (14,970.26) (11,499.03)
Profit After Tax 33,118.29 22,979.99 44%
Second Quarter Ended 30th June, 2018
2018
N (‘000)
2017
N ‘000)
Percentage Difference
Gross Earnings 135,295.68 121,919.74 11%
Profit Before Tax 31,872.55 24,459.53 30%
Tax (10,414.94) (7,911.54)
Profit After Tax 21,457.60 16,547.99 30%
First Quarter Ended 31st March, 2018
2018
N (‘000)
2017
N (‘000)
Percentage Difference
Gross Earnings 67,463.6561,151.52 10%
Profit Before Tax 13,640.43 14,282.58 -4%
Tax (5,034.54) (5,923.76)
Profit After Tax 8,605.88 8,358.83 3%
Year Quarter Ended 30th December, 2017
2017
N (‘000)
2016
N (‘000)
Percentage Difference
Gross Earnings %
Profit Before Tax %
Tax
Profit After Tax
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