Unilever Nigeria Plc., one of the leading players in the Nigerian Consumer Goods sector, specialized in the manufacturing and marketing of Foods and Refreshments, Home-care, Beauty and Personal Care products, released its Q2 2021 unaudited results for the period ended June 30th, 2021.
Unilever Nigeria’s revenue expanded by 43% to N39bn from N27bn in the previous quarter. This shows a decent recovery from last year’s pandemic-induced slump.
Profit after tax grew by 238% to N715m for the period ended June 30, 2021, compared to a profit after tax of N520 million reported for the corresponding period in 2020.
Profit before tax stood at N830m while Net Assets grew by 1.2% from N62.1bn to N62.8bn.
