Nestle Pure Life | www.brandnewsday.com
However, a 262.15% jump in finance costs due to interest paid on loans taken to stem the effects of the COVID-19 pandemic caused a reduction in its profit before tax from the N33.86billion generated in H1 2020 to N33.37 billion.
The food manufacturer’s overall profit after tax marginally declined by 0.43% to N21.732 billion, below N21.825 billion recorded last year.
Nestlé Nigeria used N2.30 billion of that sum for interest payment on a loan taken from an unnamed sister company under the Nestlé group, itself the world’s biggest food company, the document seen by BRAND NEWS DAY showed.
LinkedIn, the professional networking platform, has appointed Anthony Chavez as its new chief product officer…
Abbey Mortgage Bank Plc has successfully concluded its 34th Annual General Meeting (AGM), reaffirming the…
AMEC, the International Association for the Measurement and Evaluation of Communication, has launched the AMEC…
The headline figure derived from the survey is the Stanbic IBTC Bank Nigeria PMI® Purchasing…
Starting an ice cream venture in Nigeria presents strong profit potential for entrepreneurs who can…
May 19, 2026 – There is a “say-do gap” in Brand and Performance Advertising: most…
This website uses cookies.