Unilever Nigeria has released its unaudited report for the quarter ended December 2019. The Company recorded a N9.13 billion revenue in the period under review. The result shows the Company also recorded loss after tax of N4.76bn for the quarter ended December 2019 relative to profit after tax of N2.14bn recorded for the quarter ended December 2018. The revenue of N9.13 billion was a reduction in profit compared to N21.67bn recorded for the corresponding period in 2018. “Unilever will continue to enhance productivity and position the company to harness existing market opportunities in order to satisfy consumer needs”.

Source: The Guardian January 27, 2020 12:22 UTC