Facebook Twitter Instagram Pinterest YouTube Tumblr LinkedIn RSS
    • About
    • Advertise
    • Contribute
    • Donate
    • Forum
    • Contact
    Login
    InfoStride NewsInfoStride News
    • Home
    • Business
    • Celebrity
    • Crime
    • Nigeria
    • Politics
    • Sports
    • Technology
    • More
      • COVID-19
      • Editor’s Picks
      • Health
      • Opinions
      • Press Releases
      • World
    Subscribe
    InfoStride NewsInfoStride News
    Home»Business Matters»Nestle Plc discloses third quarter result, reports Net Profit of N11.85 billion

    Nestle Plc discloses third quarter result, reports Net Profit of N11.85 billion

    Business Matters By Temitope N.Oct 31, 2021No Comments1 Min Read
    Facebook Twitter WhatsApp Pinterest LinkedIn Tumblr Email Reddit VKontakte

    Nestle Nig. Plc yesterday disclosed its unaudited financial results for the third quarter of the year ended 30th of September, 2021.

    NESTLE
    NESTLE

    Revenue during the period was N90.15 billion. (+25.71% YoY).

    Cost of sales stood at N55.29 billion. (+30.03% YoY).

    Net Finance cost of N1.59 billion was recorded.

    Profit before tax was N18.21 billion (+18.25%).

    Profit after tax was N11.85 billion. (+17.21 YoY).

    Total assets during the period stood at N305.63 billion. (+59.45 bn YtD).

    Earnings per share of N14.95 Vs N12.76 YoY

    Support InfoStride News' Credible Journalism: Only credible journalism can guarantee a fair, accountable and transparent society, including democracy and government. It involves a lot of efforts and money. We need your support. Click here to Donate

    Nestle
    Share. Facebook Twitter WhatsApp Pinterest Reddit Tumblr VKontakte Email LinkedIn

    Related Posts

    The Case For Investments In Nigeria’s Renewable Energy By Collins Okeke

    Mar 8, 2023

    Moment First Aeroplane Touched Down at Ogun State’s Gateway International Agro-Cargo Airport [VIDEO]

    Feb 24, 2023

    Ogun State’s Gateway International Agro Cargo Airport records Maiden Flight

    Feb 24, 2023

    Naira Swap Crisis: Commercial Banks shutdown Operations in Ogun State

    Feb 21, 2023
    Add A Comment

    Leave A Reply Cancel Reply

    Get Social with Us
    • Facebook
    • Twitter 6.5K
    • Pinterest 92
    • Instagram
    • YouTube
    Latest Posts

    Finland’s membership will make alliance stronger: NATO General Secretary

    Mar 31, 2023

    APC NWC member, Lukman calls for internal audit of how 2023 elections were managed

    Mar 31, 2023

    Another Adamawa APC bigwig suspended by ward executives

    Mar 31, 2023

    I warned PDP about Peter Obi effect – Gov Ikpeazu

    Mar 31, 2023

    Subscribe to Updates

    Get the latest breaking news straight into your inbox!

    Random News

    INEC Should Be In Charge Of Security Personnel Deployment During Election – Chief Edwin Clark

    Feb 2, 2019

    Lekki Massacre: APC Responds To PDP’s Call For Sanwo-Olu’s Resignation

    Nov 2, 2020

    Turkish Airlines Fiasco: Minister Suspends Airport Officials, Orders Thorough Investigation

    Dec 27, 2015

    Join Coveo and Majedie Asset Management at Enterprise Search Europe 2014

    Apr 30, 2014

    InfoStride News delivers the latest breaking news, Nigeria news, world news and top stories on business, celebrity, entertainment, politics, sports, technology and more. Experience the best of in-depth coverage, special reports, football highlights, political opinions, crime watch, celebrity gossips etc.

    GooglePlay Store Button

    Support InfoStride News' Credible Journalism

    Credible journalism involves a lot of efforts and money; and can guarantee a fair, accountable and transparent society, including democracy and government. We need your support to continue offering free access to our loyal readers and visitors like you.

    Click here to Donate

    Facebook Twitter Instagram Pinterest YouTube Tumblr LinkedIn RSS
    • Our Terms
    © 2023 InfoStride News. All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.

    Sign In or Register

    Welcome Back!

    Login to your account below.

    Continue with Facebook
    Continue with Google
    Continue with Twitter
    Lost password?