Vitafoam Nigeria Plc reported earnings results for the third quarter and nine months ended June 30, 2022. For the third quarter, the company reported sales was NGN 11,080 million compared to NGN 8,889.06 million a year ago. Net income was NGN 856.69 million compared to NGN 725.64 million a year ago. Basic earnings per share from continuing operations was NGN 0.6849 compared to NGN 0.5801 a year ago.
For the nine months, sales was NGN 35,655.62 million compared to NGN 26,833.04 million a year ago. Net income was NGN 4,198.11 million compared to NGN 3,043.56 million a year ago. Basic earnings per share from continuing operations was NGN 3.3562 compared to NGN 2.4332 a year ago.