Unilever Nigeria Plc reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was NGN 20,962.07 million compared to NGN 17,252.54 million a year ago. Net loss was NGN 2,254.67 million compared to net income of NGN 367.98 million a year ago. Basic loss per share was NGN 0.39 compared to basic earnings per share of NGN 0.06 a year ago.
For the nine months, sales was NGN 64,768.55 million compared to NGN 49,673.54 million a year ago. Net loss was NGN 348.01 million compared to net income of NGN 1,082.76 million a year ago. Basic loss per share was NGN 0.06 compared to basic earnings per share of NGN 0.19 a year ago.