Nestlé Nigeria Plc announced earnings results for the year ended December 31, 2016. For the period, the company reported revenue of NGN 181,910,977 against NGN 151,271,526 a year ago. Results from operating activities was NGN 38,213,337 against NGN 33,747,243 a year ago. Profit before income tax was NGN 21,548,408 against NGN 29,322,477 a year ago. Profit for the year is attributable to owners of the company was NGN 7,924,968 against NGN 23,736,777 a year ago. Diluted earnings per share was NGN 10.00 against NGN 29.95 a year ago. Net cash flows from operating activities was NGN 61,484,847 against NGN 39,877,436 a year ago. Acquisition of property, plant and equipment was NGN 7,067,737 against NGN 7,726,431 a year ago.