Unilever reports N17bn turnover in Nine months

Adebayo Obajemu

Unilever Nigeria Plc on 22ndOctober, 2020 released its financial statement for the third quarter ended 30thSeptember, 2020.

In the interim financial statements, the firm reported a turnover of N17.40 billion, advanced by 93.92% when compared with N8.97 billion reported in third quarter of 2019.

Profit after tax improved from a loss after tax of N3 billion in 2019 to a loss after tax of N1.5 billion in the current period under review, appreciating by 48.7%.

The earnings per share of the firm grew by 48.70% with PE Ratio of -49.02 and earning yield -2.04