Unilever Nigeria Plc posts loss of N3.97 billion in FY 2020.

Unilever Nigeria Plc released its full-year audited results for the year ended 31st December 2020.

  • Revenue for the year was N61.96 billion. (+2.4% YoY)
  • Cost of sales was N49.16 billion. (-11.8% YoY)
  • Marketing and administrative expenses totaled N12.4 billion. (-6.7% YoY)
  • Loss after tax was N 3.97 billion
  • Loss per share of -69 kobo Vs -N1.29 YoY.
  • No dividend announcement was made.

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