PZ Cussons Nigeria Plc grows profit after tax by 124% to N1.7 billion in FY 2020

PZ Cussons Nigeria Plc released its consolidated financial statements for the year ended 31st of May, 2021.

  • Revenue for the period was N82.6 billion. (+23% YoY)
  • Cost of sales stood at N59.5 billion. (+2% YoY)
  • Administrative expenses totalled N6.5 billion. (+19.3% YoY)
  • An operating profit of N1.19 billion was generated.
  • Profit after tax was N1.7 billion. (+124% YoY)
  • Earnings per share of 37 kobo (+121% YoY).

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