Vitafoam Nigeria Plc reports a 36% increase in profit for Q1 2020.

Vitafoam Nigeria Plc released its result for the first quarter of 2020 (Q1, 2020).

  • Revenue for the period was N8.7 billion (+45% YoY)
  • Cost of sales was N5.8 billion. (+69% YoY)
  • Operating profit was N1.69 billion. (+24% YoY)
  • Profit before tax was N1.53 billion. (+30% YoY)
  • Earnings per share of 80 kobo. (+29% YoY)

See link to results.

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