Nestlé Nigeria Plc reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was NGN 547,118.75 million compared to NGN 446,819.26 million a year ago. Net loss was NGN 79,473.78 million compared to net income of NGN 48,965.49 million a year ago.

Basic loss per share from continuing operations was NGN 100.26 compared to basic earnings per share from continuing operations of NGN 61.77 a year ago. Diluted loss per share from continuing operations was NGN 100.26 compared to diluted earnings per share from continuing operations of NGN 61.77 a year ago.