Vitafoam Nigeria Plc Posts N3.41 billion Profit in 9M 2020.

Vitafoam Nigeria Plc released its unaudited financial results for the nine months period ended June 30, 2021.

  • Revenue for the period was N26.8 billion. (+63% YoY)
  • Cost of sales was N17.3 billion. (+85% YoY)
  • An operating profit of N5.1 billion was recorded.(+40.4% YoY)
  • Administrative expenses totalled N3.76 billion. (+20.3% YoY)
  • Profit for the period was N3.41 billion. (+59.2% YoY)
  • Earnings per share of N2.92 Vs N1.61 YoY.

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Vitafoam Nigeria Plc posts profit of N1.4 billion in Q2 2020

Vitafoam Nigeria Plc released its unaudited results for the first quarter of the year (Q1, 2021).

  • Revenue for the period was N10.7 billion. (+65.5% YoY)
  • Cost of sales was N6.9 billion. (+79.7% YoY)
  • Administrative expenses totalled N1.35 billion. (+11.8% YoY)
  • Operating profit of N2.14 billion. (+55.4% YoY)
  • Profit for the period was N1.4 billion. (+76.7% YoY)
  • Earnings per share of N2.17 Vs N1.30 YoY.

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