Nestle Nigeria Plc nine months results for the period ended 30 Sept 2017 and corporate actions

Kindly find below Nestle Nigeria Plc nine months results for the period ended 30 September 2017.

Please click here for details.

Summary:

NESTLE NIG PLC 9M 2017
2017 2016 %CHANGE
,000 ,000
Revenue 185,242,450 129,482,291 +43.06%
Profit/(Loss) before tax 34,479,021 5,504,452 +526.38%
Profit/(Loss) after Tax 22,979,990 484,694 +4,641.13%
Net Assets VS Dec 2016                      45,997,472 30,878,075 +48.96%
NESTLE NIG PLC  Q3 vs Q2 2017
Q3 2017 Q2 2017 %CHANGE
,000 ,000
Revenue 63,322,714 60,768,219 +4.20%
Profit/(Loss) before tax 10,019,496 10,156,808 -1.35%
Profit/(Loss) after Tax 6,432,004 8,189,159 -21.46%

 

Corporate action:

Interim Dividend – N15.00  (split: N13 from balance of pioneer profits as at 31 Dec 2015 and N2.00 from retained earnings as at 31 Dec 2015)

Closure date –  24th November 2017

Payment date – 11th December 2017

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