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Nestle Nigeria 2013 pretax profit up 3.95 pct

Zoom in font  Zoom out font Published: 2014-02-27  Views: 11
Core Tip: Nestle Nigeria said on Wednesday its 2013 pretax profit grew to 26.04 billion naira ($158.3 mln), up 3.95 percent from a year ago.
Nestle Nigeria said on Wednesday its 2013 pretax profit grew to 26.04 billion naira ($158.3 mln), up 3.95 percent from a year ago.

Turnover at the local unit of the world's biggest food group Nestle SA, rose to 133.08 billion naira during the period to December 31, from 116.70 billion a year earlier, it said in a filing with the Nigerian Stock Exchange.

Nestle proposed to pay 24 naira per share dividend to existing shareholders. Nestle shares were down 2.6 percent to 1,068 naira. ($1 = 164.55 naira)

 
 
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