Finance

PZ Cussons Nigeria Plc reports a 125% rise in profit to N1.8billion FY Results 2020.

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PZ Cussons Nigeria Plc released unaudited results covering the 12-month period ending 31st May, 2021.

  • The year’s revenue was N82.4 billion. (+23% YoY)
  • The cost of sales was N59.09billion. (+1.2% YoY)
  • Administrative expenses totaled N6.85 Billion. (+25.0% YoY)
  • Operating profit was N6.97 Billion. (+198.6% YoY)
  • Profit after tax was N1.8billion. (+125.3% YoY)
  • Earnings per share for 46 kobo. (+125.3% YoY)
  • Net profit margin was 2.2%, compared to -11% YoY.
  • Quick ratio of 0.8% to 0.6 YoY.

See Link to results.

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