PZ Cussons Nigeria said on Monday its full year pretax profit
fell 5.6 percent to N6.55 billion ($33 million) versus the previous
year.
Revenue rose to N73.12 billion from N72.90 billion a year earlier in the year ended May 31, the local unit of British soap and shampoo maker PZ Cussons said in a statement.
The Nigerian unit said it will pay a dividend of 0.61 naira per share to shareholders on its book by Sept. 31, unchanged from last year.
Nigerian consumer goods companies have been hit by the falling Naira and oil prices.
The Nigerian Stock Exchange (NSE) consumer goods index is down -16.6 percent this year to August 21, compared with the -13.79 percent loss in the wide NSE all share index.
Revenue rose to N73.12 billion from N72.90 billion a year earlier in the year ended May 31, the local unit of British soap and shampoo maker PZ Cussons said in a statement.
The Nigerian unit said it will pay a dividend of 0.61 naira per share to shareholders on its book by Sept. 31, unchanged from last year.
Nigerian consumer goods companies have been hit by the falling Naira and oil prices.
The Nigerian Stock Exchange (NSE) consumer goods index is down -16.6 percent this year to August 21, compared with the -13.79 percent loss in the wide NSE all share index.
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