Nestlé Nigeria Plc reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was NGN 112,225.38 million compared to NGN 84,182.05 million a year ago. Net income was NGN 9,770.97 million compared to NGN 9,331.66 million a year ago. Basic earnings per share from continuing operations was NGN 12.33 compared to NGN 11.77 a year ago. Diluted earnings per share from continuing operations was NGN 12.33 compared to NGN 11.77 a year ago.
For the six months, sales was NGN 222,450.78 million compared to NGN 171,439.75 million a year ago. Net income was NGN 27,751.04 million compared to NGN 21,731.67 million a year ago. Basic earnings per share from continuing operations was NGN 35.01 compared to NGN 27.42 a year ago. Diluted earnings per share from continuing operations was NGN 35.01 compared to NGN 27.42 a year ago.