Vitafoam Nigeria Plc reported earnings results for the fourth quarter and full year ended September 30, 2023. For the fourth quarter, the company reported sales was NGN 14,276.99 million compared to NGN 11,662.89 million a year ago. Net income was NGN 550.63 million compared to NGN 540.15 million a year ago. Basic earnings per share from continuing operations was NGN 0.4402 compared to NGN 0.4318 a year ago.
For the full year, sales was NGN 52,832.22 million compared to NGN 46,310.02 million a year ago. Net income was NGN 3,886.04 million compared to NGN 4,223.48 million a year ago. Basic earnings per share from continuing operations was NGN 3.1067 compared to NGN 3.38 a year ago.