Unilever Nigeria Plc reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was NGN 27,371.1 million compared to NGN 20,962.07 million a year ago. Net loss was NGN 1,091.79 million compared to NGN 2,254.67 million a year ago. Basic loss per share from continuing operations was NGN 0.19 compared to NGN 0.39 a year ago.
For the nine months, sales was NGN 81,576.82 million compared to NGN 64,768.55 million a year ago. Net income was NGN 1,669.94 million compared to net loss of NGN 348.01 million a year ago. Basic earnings per share from continuing operations was NGN 0.29 compared to basic loss per share from continuing operations of NGN 0.06 a year ago.