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Nestle Nigeria Plc Released Its Unaudited Third-quarter Earnings. - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / Nestle Nigeria Plc Released Its Unaudited Third-quarter Earnings. (3429 Views)

Nigeria’s GDP Growth Rate Rises To 1.81% In Third Quarter – NBS / Okomu Oil Palm Plc Released Its Unaudited Third-quarter Earnings. / Dangote Sugar Plc Released Its Unaudited Third-quarter Earnings. (2) (3) (4)

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Nestle Nigeria Plc Released Its Unaudited Third-quarter Earnings. by froz(m): 3:13pm On Nov 05, 2017
In recent Nestle Nigeria Plc unaudited  Q3 2017 earnings’ report,

The revenue increase was influenced by the increase in the price of its products.

The firm’s bottom line was partly boosted by finance income which grew due to the firm increasing the money it placed in the bank from 4 billion to 24 billion.

Key Highlights:

The revenue increase was influenced by the increase in the price of its products.The firm’s bottom line was partly boosted by finance income which grew due to the firm increasing money it placed in the bank from 4 billion to 24 billion.Also, there was a decrease in finance cost which occurred due to drop in foreign exchange losses from 19 billion to 11 billion and also drop in loans and borrowings.Debt to equity ratio decreased as a result of the significant drop in its total debt profile.The firm’s net income for Q3 2017 has exceeded that of the full year 2016.The firm declared an interim dividend of ₦15 to be paid on 11th December 2017.

Kindly click on this link to see full details on the Corporate Brief of the firm.

SOURCE: https://brandspurng.com/corporate-brief-nestle-nigeria-plc-released-its-unaudited-third-quarter-earnings/

Re: Nestle Nigeria Plc Released Its Unaudited Third-quarter Earnings. by AJOBI77(m): 3:38pm On Nov 05, 2017
Good
Re: Nestle Nigeria Plc Released Its Unaudited Third-quarter Earnings. by rodeo0070(m): 6:54am On Nov 06, 2017
Good one!
Re: Nestle Nigeria Plc Released Its Unaudited Third-quarter Earnings. by Nobody: 7:02am On Nov 06, 2017
See Conglomerate toh bahd
Re: Nestle Nigeria Plc Released Its Unaudited Third-quarter Earnings. by davodyguy: 7:33am On Nov 06, 2017
I regret to investing in their shares in 2016. I was doing ijebu, now the thing has sky rocketed cry cry cry cry

The firm declared an interim dividend of ₦15 to be paid on 11th December 2017

Just imagine what i would have raked in.
Re: Nestle Nigeria Plc Released Its Unaudited Third-quarter Earnings. by oluwakekz(m): 7:58am On Nov 06, 2017
All is well
Re: Nestle Nigeria Plc Released Its Unaudited Third-quarter Earnings. by Ojuororun(m): 8:01am On Nov 06, 2017
SEEING
Re: Nestle Nigeria Plc Released Its Unaudited Third-quarter Earnings. by BRYIAN99(m): 8:04am On Nov 06, 2017
nice!
Re: Nestle Nigeria Plc Released Its Unaudited Third-quarter Earnings. by wildchild02: 8:04am On Nov 06, 2017
Good

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Re: Nestle Nigeria Plc Released Its Unaudited Third-quarter Earnings. by delpee(f): 8:25am On Nov 06, 2017
Wonderful! One of the best companies to invest in.
Re: Nestle Nigeria Plc Released Its Unaudited Third-quarter Earnings. by delpee(f): 8:29am On Nov 06, 2017
oluwakekz:
Seven years as contract staff at NESTLE, they delay our salary,yet to recieve last month salary .We pray one day those top manager will know about this and will come to our rescue .me just finish ten hours night duty ,make i go house go rest ,hopefully we wake up to see............................casaual work not healthy jare.

This is sad and unfair. Anyone who knows a management staff in Nestle should inform him/her. This is inhuman and not good for their image.

1 Like

Re: Nestle Nigeria Plc Released Its Unaudited Third-quarter Earnings. by omounique: 8:48am On Nov 06, 2017
oluwakekz:
Seven years as contract staff at NESTLE, they delay our salary,yet to recieve last month salary .We pray one day those top manager will know about this and will come to our rescue .me just finish ten hours night duty ,make i go house go rest ,hopefully we wake up to see............................casaual work not healthy jare.
As a contract staff you know Nestle is not directly responsible for payment of ur salary. You work for a company that works for Nestle. Delay in your salary does not concern Nestle, they pay third party companies as early as 25th of every month. Direct ur grievance to the right source.

3 Likes 1 Share

Re: Nestle Nigeria Plc Released Its Unaudited Third-quarter Earnings. by oluwakekz(m): 9:08am On Nov 06, 2017
omounique:

As a contract staff you know Nestle is not directly responsible for payment of ur salary. You work for a company that works for Nestle. Delay in your salary does not concern Nestle, they pay third party companies as early as 25th of every month. Direct ur grievance to the right source.
thats what we have done ,over and over again.thats why i said hopefully one of our top manager will help adress and correct that part.we love our job and not complainning .Again this just get better for good amen
Re: Nestle Nigeria Plc Released Its Unaudited Third-quarter Earnings. by newslifeop: 9:34am On Nov 06, 2017
Good
Re: Nestle Nigeria Plc Released Its Unaudited Third-quarter Earnings. by jeff1607(m): 3:56pm On Nov 06, 2017
just the beginning




can't wait for Christmas
Re: Nestle Nigeria Plc Released Its Unaudited Third-quarter Earnings. by MrTeymee(m): 6:45pm On Nov 06, 2017
hmm

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