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Unilever Nigeria Posts Strong Sales Gains In First Half Of 2016

July 18, 2016: 12:00 AM EST
Unilever Nigeria PLC reported sales grew 12 percent to N32.28 billion in the first half of 2016, compared with N28.72 billion in the first half of the previous year. According to the company, after-tax profit reached N1.094 billion, while cost of sales increased 16 percent to N22 billion during the same period. Also, net finance costs was reduced by 54 percent to N0.67 billion during the period.
"Unilever posts impressive first half year result", The Nation, July 18, 2016, © The Nation
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