PZ Cussons Ghana Limited Reports Unaudited Earnings Results for the Year Ended May 31, 2017
PZ Cussons Ghana Limited reported unaudited earnings results for the year ended May 31, 2017. For the year, the company's revenue was GHC 91,832,590 compared to GHC 118,279,459 a year ago. Operating loss was GHC 10,505,242 compared to profit of GHC 2,830,904 a year ago. Loss before income tax was GHC 12,867,936 compared to profit of GHC 297,169 a year ago. Loss for the year was GHC 10,332,314 compared to GHC 8,033,158 a year ago. Basic and diluted loss per share was GHC 0.062 compared to GHC 0.048 a year ago. Net cash generated from operating activities was GHC 9,328,412 compared to GHC 2,801,033 a year ago. Purchase of property, plant and equipment was GHC 1,238,952 compared to GHC 756,015 a year ago.