Unilever Nigeria Plc has declared a turnover of N60.5 billion for the financial year which ended in December 2019. In line with its resolve to enhance profitability, the Board and Management of Unilever Nigeria Plc. has assured the shareholders of their commitment to good corporate governance that would, in turn, drive sustainability and efficiency across every aspect of the Company’s operations. The N60.5 billion revenue in the year under review represents a decline compared to N92.89bn recorded in the year ended December 2018. Profit after tax showed a decline at N7.42bn for 2019 compared to N10.55bn recorded for the year ended December 2018.

Source: Nigerian Tribune July 29, 2020 14:03 UTC