Nestlé Nigeria Plc announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was NGN 70,695.744 million compared to NGN 70,942.299 million a year ago. Operating income was NGN 16,789.848 million compared to NGN 21,347.631 million a year ago. Net income was NGN 10,629.643 million compared to NGN 13,399.833 million a year ago. Basic earnings per share was NGN 13.41 compared to NGN 16.9 a year ago. For the half year, sales was NGN 141,025.093 million compared to NGN 141,909.053 million a year ago. Operating income was NGN 34,327.405 million compared to NGN 40,434.182 million a year ago. Net income was NGN 21,825.036 million compared to NGN 26,246.154 million a year ago. Basic earnings per share was NGN 27.53 compared to NGN 33.11 a year ago.