Vitafoam Nigeria Plc reported earnings results for the first quarter ended December 31, 2022. For the first quarter, the company reported sales was NGN 14,101.83 million compared to NGN 12,716.18 million a year ago. Net income was NGN 1,637.62 million compared to NGN 1,551.71 million a year ago.

Basic earnings per share from continuing operations was NGN 1.31 compared to NGN 1.24 a year ago. Diluted earnings per share from continuing operations was NGN 1.31 compared to NGN 1.24 a year ago.