2020 FY Results: PZ Cussons Nigeria Plc reports a 125% surge in profit to N1.8billion.

PZ Cussons Nigeria Plc released its unaudited results for the 12 months period ended 31st of May, 2021.

  • Revenue for the year was N82.4 billion. (+23% YoY)
  • Cost of sales was N59.09 billion. (+1.2% YoY)
  • Administrative expenses totalled N6.85 billion. (+25.0% YoY)
  • Operating profit was N6.97 billion. (+198.6% YoY)
  • Profit after tax was N1.8 billion. (+125.3% YoY)
  • Earnings per share of 46 kobo. (+125.3% YoY)
  • Net profit margin was 2.2% Vs -11% YoY.
  • Quick ratio of 0.8 Vs 0.6 YoY.

See link to results.

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