Berger Paints Nigeria Plc reports a 67% decline in Profits in FY 2020.

Berger Paints Nigeria Plc released its full-year results for the year ended 31st December, 2020.

  • Revenue for the year was N3.84 billion. (+7% YoY)
  • Administrative expenses of 01 billion (+7% YoY)
  • Profit for the year was N146.02 million (-67% YoY)
  • Earnings per share of N0.50 vs N1.55 YoY.
  • Gross margin was 37% (+945bps)
  • No dividend announcement was made

See link to results.

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