Q3: Nestle Nigeria Attains N33.58b Profit, To Pay 25k Interim Dividend

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By ebosele@hotmail.com

For the third quarter ended September 30, 2021, Nestlé Nigeria Plc attained profit after tax (PAT) of N33.58 billion from N31.93 billion in the same period of 2020, representing a five percent increase. 

The company’s revenue also increased o N261.59 billion as against N212.73 billion recorded in the comparative period of 2020, showing a 23 percent increase. 

 This was contained in the company’s Unaudited Financial Statements sent to the Nigerian Exchange (NGX) and signed by the Company Secretary/Legal Adviser, Mr Bode Ayeku 

 Meanwhile, is to pay an interim dividend of 25k per 50k ordinary share to shareholders whose names appeared on the register of members as at the close of business on November 19, 2021. 

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