Capital

Unilever Report -N4.2 Billion Loss in 2019 in Unaudited Report

January 24, 2020

Unilever Nigeria Plc on Friday announced a Loss after tax of -N4.22 billion for the fourth quarter(Q4) period ended December 31st, 2019.

The company also recorded a Loss before tax of -N8.32 billion while revenue droped by -34 percent to N60.76 bilion from N92.03 billion in 2018

Net Assets was not left out as it came down by -15.5 percent to N69.9 bilion from N82.8 billion recorded the same period of 2019.

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