November 28, 2022



Unilever data income of N23.25bn in 6 months

Unilever Nigeria Plc has recorded income of N23.246 billion in its six months monetary yr ended June 30, 2021.

The corporate’s interim monetary assertion submitted on the Nigerian Change confirmed that the income grew by N6.908 billion or 42.28 per cent in contrast with N16.338 billion reported within the corresponding interval of 2021.

The price of gross sales throughout the interval stood at N16.219 billion towards N11.886 billion reported in the identical interval of 2021.

An evaluation of the end result inside the interval confirmed that gross revenue up from N4.452 billion within the previous yr to N7.026 billion whereas working revenue rose from N297. 915 million to N963.300 inside the reviewed interval.

Finance earnings declined to N172.443 million from N463.871 million, Finance price went to N507.466 million from N11.094 within the previous yr, bringing internet finance price to N335.024 million from N452.777 million .

Revenue earlier than tax dropped to N628.276 million from N650.553 million.

The corporate paid interim tax of N517.909 million towards N353.265 million bringing the revenue for the interval to N110.367 million from N1.206 billion reported within the 2021.

Promoting distribution bills grew from N749.145 million to N1.274 billion whereas advertising and administration bills as much as N4.827 billion from N3.343 billion recorded within the comparable interval of final yr.

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