Get all your News, Latest Jobs In Nigeria | Current Jobs Available - 10 Of New Jobs Added Daily‎ - Notification is our JOB at Chat212 NIGERIA

Monday, 4 May 2015

Nestle, UAC, MRS Q1 pretax profit fall : Nigerian Stock Exchange

Nestle, UAC, MRS Q1 pretax profit fall  print

Nestle Nigeria first-quarter pretax profit fell 50.7 per cent to 3.48 billion naira ($17.5 million) from a year ago, the food and beverage maker said on Monday.

Revenue fell to 27.55 billion naira for the three months to end-March from 33.42 billion a year earlier, the unit of Nestle SA said in a filing to the Nigerian Stock Exchange.


Similarly, Nigerian conglomerate UAC’s first-quarter pretax profit fell 12 per cent to 2.29 billion naira ($11.5 million) from a year ago, it said on Monday.

Revenue fell to 17.72 billion naira during the three months period to end-March, as against 19.88 billion naira the previous year, UAC said in a filing with the Nigerian Stock Exchange.

Elsewhere, MRS Oil fell to a first-quarter pretax loss of 734.5 million naira ($3.7 million) after posting a profit of 321.1 million a year earlier, the fuel retailer said on Monday.

Turnover, operating under the name Chevron Nigeria, fell 12 percent to 21.3 billion naira in the three months to end-March, the company said in a statement with the Nigerian Stock Exchange.
Share:
google.com, pub-5938728315920271, DIRECT, f08c47fec0942fa0

Blog Archive

RECENT POSTS

Support