{"id":56462,"date":"2022-03-03T10:29:23","date_gmt":"2022-03-03T09:29:23","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=56462"},"modified":"2022-03-03T10:29:23","modified_gmt":"2022-03-03T09:29:23","slug":"nestle-nigeria-posts-n132-4bn-gross-profit","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/nestle-nigeria-posts-n132-4bn-gross-profit\/","title":{"rendered":"Nestle Nigeria Posts N132.4bn Gross Profit"},"content":{"rendered":"
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Nestle Nigeria Plc says its revenue grew by 22.6% to N351.8bn in the 2021 financial year compared to the previous year.<\/p>\n

According to the latest financial figures announced by the c ompany, gross profit also appreciated by N13.3billion at N132.4bn when compared to the N119.2bn recorded in 2020.<\/p>\n

Nestle Nigeria\u2019s Profit After Tax for the year stood at N40.0bn even as the Board has proposed additional dividend of N25.50 per share alongside the N25 per share interim dividend paid o n December 2021, bringing the total amout of dividend per share for the year to N50.50.<\/p>\n

The proposed dividend is pending approval during the company\u2019s Annual General Meeting on June 29, 2022.<\/p>

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Advertisement<\/div>\r\n\t\t\t\t\t\t\t<\/a>\r\n \r\n\t\t\t\t\t\t\t<\/div>\n

Speaking on the financial report, the Managing Director\/CEO of Nestle Nigeria, Wassim Elhusseini, commended the staff of the organization noting that the splendid result is a testimony of the employees dedication and commitment towards achieving the company\u2019s objectives.<\/p>\n

\"Managing
Managing Director\/CEO of Nestle Nigeria, Wassim Elhusseini,<\/figcaption><\/figure>\n

He promised to do more to improve to improve nuitritional value of the company\u2019s products as well as the standard of living of stakeholders.<\/p>\n

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Nestle Nigeria Plc says its revenue grew by 22.6% to N351.8bn in the 2021 financial year compared to the previous year.<\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[23,17],"tags":[6077],"coauthors":[2391],"class_list":["post-56462","post","type-post","status-publish","format-standard","","category-business","category-news","tag-nestle-nigeria-plc"],"yoast_head":"\nNestle Nigeria Posts N132.4bn Gross Profit - National Wire<\/title>\n<meta name=\"description\" content=\"Nestle Nigeria Plc says its revenue grew by 22.6% to N351.8bn in the 2021 financial year compared to the previous year.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nationalwire.com.ng\/sub\/nestle-nigeria-posts-n132-4bn-gross-profit\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nestle Nigeria Posts N132.4bn Gross Profit - 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