Don't Miss

Nestle’s Nine Month Income Up 63% to N15.4 billion

By Afolabi Ogunde on November 1, 2012

Nestle, makers of popular beverage Milo, transmitted its 3Q earnings to the Nigerian Stock Exchange yesterday.

Revenue was reported at N85 billion, up 21% from N70.5 billion made over 3Q, 2011.

Profit before tax was up 41% to NN18.28 billion, from N12.99 billion over the same period in the preceding year.

Net Income arrived at N15.4 billion, up 63% from the N9.4 billion it made over 3Q, 2011.

Nestle share price fell by 2.19% in yesterday’s trading to N675.

FCMB Bank (UK) Limited Launches Personal and Business Banking Proposition to Deepen Inclusiveness
FCMB Bank (UK) Limited, an independently incorporated subsidiary of First...
- Posted August 1, 2018
- 0
The Worrisome Trend of Sensational Social Media “Journalism” and the Impact On Legitimate Business Concerns: Recent Travails of FCMB, GTBank and First Bank
On June 25, 2018 I woke up to yet another...
- Posted June 26, 2018
- 0
FCMB attains ISO Certification for Quality Management
Leading financial services provider, First City Monument Bank (FCMB), has...
- Posted May 16, 2018
- 0
Over 1,000 firms bid for 2017 railway projects
Over 1000 companies expressed interest in 17 categories of projects...
- Posted October 20, 2017
- 2
NAICOM moves to enforce compulsory insurance of public buildings
To drive the enforcement of the compulsory insurance of public...
- Posted October 20, 2017
- 11
Reps ask NPA to reverse termination of agreement with Intels
The House of Representatives yesterday waded into the ongoing controversy...
- Posted October 19, 2017
- 1
SEC suspends Oando shares from stock market
The Securities and Exchange Commission has ordered the Nigerian Stock...
- Posted October 19, 2017
- 1