PZ Cussons Nigeria Plc reported earnings results for the third quarter and nine months ended February 29, 2024. For the third quarter, the company reported sales was NGN 42,542.01 million compared to NGN 29,736.72 million a year ago. Net loss was NGN 18,687.88 million compared to net income of NGN 3,036.42 million a year ago. Basic loss per share from continuing operations was NGN 5.2 compared to basic earnings per share from continuing operations of NGN 0.89 a year ago. Diluted loss per share from continuing operations was NGN 5.2 compared to diluted earnings per share from continuing operations of NGN 0.89 a year ago.
For the nine months, sales was NGN 110,627.58 million compared to NGN 86,997.93 million a year ago. Net loss was NGN 85,810.34 million compared to net income of NGN 10,217.62 million a year ago. Basic loss per share from continuing operations was NGN 23.87 compared to basic earnings per share from continuing operations of NGN 2.82 a year ago. Diluted loss per share from continuing operations was NGN 23.87 compared to diluted earnings per share from continuing operations of NGN 2.82 a year ago.