Profit before tax also dip to N15 billion from N29 billion the year before.
Total revenue raked in for the year stood at N2 trillion in 2022
Total customer base increased to 138.5 million
UAC's gross profit dipped 13% to N15 billion on rising input costs while the company posted N1.3 billion operating loss
Cadbury Nigeria, a food, sweets and drink company headquartered in Lagos, on Wednesday announced a 30% increase in revenue from N42.372 billion reported in the 2021...
Revenue grew by 14.88% to N23.952 billion from N20.850 billion recorded in Q4 2021
FBN Holdings report a 1,162% jump in profit after tax to N34.666 billion from N2.746 billion attained a year earlier.
BUA Cement Plc profit grew at a much slower pace in the third quarter as net finance costs jumped by 2,956.8% to N6.879 billion.
Despite headwinds, Zenith Bank has announced a remarkable double-digit growth across its operating units in the third quarter (Q3) of 2022.
Union Bank Plc grew gross earnings by 12.4% in the first nine months of the year to ₦140.6 billion from ₦125.2 billion reported in the first...