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Nestle Nigeria Plc Posts N255bn Pre-tax Losses In First Nine Months Of 2024 - Business (3) - Nairaland

Nairaland ForumNairaland GeneralBusinessNestle Nigeria Plc Posts N255bn Pre-tax Losses In First Nine Months Of 2024 (10610 Views)

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Re: Nestle Nigeria Plc Posts N255bn Pre-tax Losses In First Nine Months Of 2024 by sboga: 12:39pm On Oct 30, 2024
helinues:
Good.

Those are the missing taxes for years

Nestle, Cardbury, they have been taken us for a ride long time

They almost monopolized Dairy business in Nigeria
Confam MUMU PESIN
Re: Nestle Nigeria Plc Posts N255bn Pre-tax Losses In First Nine Months Of 2024 by Offpoint1: 12:42pm On Oct 30, 2024
nedu666:
The dividends they pay shareholders is what?
The taxes they pay fed govt is what?
The salaries to thousands of workers is what?
The paye paid to state govt is what?
The annual rewards to distributors is what?
The community relations project is what?
TV adverts is what?

Your education is truly a waste
Why are you wasting your time with that guy? It's like arguing with a mad man.

Don't waste your energy
Re: Nestle Nigeria Plc Posts N255bn Pre-tax Losses In First Nine Months Of 2024 by Zico5(m): 12:42pm On Oct 30, 2024
helinues:
Good.

Those are the missing taxes for years

Nestle, Cardbury, they have been taken us for a ride long time

They almost monopolized Dairy business in Nigeria
You are not alive to reality at all. You are already living in stone age. I don't blame u though.
Re: Nestle Nigeria Plc Posts N255bn Pre-tax Losses In First Nine Months Of 2024 by Abagworo(m): 12:43pm On Oct 30, 2024
grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin
Re: Nestle Nigeria Plc Posts N255bn Pre-tax Losses In First Nine Months Of 2024 by kuntash: 12:43pm On Oct 30, 2024
helinues:
Good.

Those are the missing taxes for years

Nestle, Cardbury, they have been taken us for a ride long time

They almost monopolized Dairy business in Nigeria
damn!

what kinda person be this ?

even you read investors shares collapsed? guy thats very insesitive!
Re: Nestle Nigeria Plc Posts N255bn Pre-tax Losses In First Nine Months Of 2024 by Bmaster(m): 12:45pm On Oct 30, 2024
helinues:
In life, as you are counting your blessings, don't also forget to count your losses. Cross check and balancing is important for stability

Which of the companies have ever been honest with their dividends sharing?

Tell us the % of salary increase to their staff when they were making profits
...and because of the bolded they should be running at lost 😂😂
The ugly situations you guys are defending will definitely reach everyone of us, including you guys😂😂😂😂😂
Re: Nestle Nigeria Plc Posts N255bn Pre-tax Losses In First Nine Months Of 2024 by nedekid: 12:49pm On Oct 30, 2024
helinues:
Good.

Those are the missing taxes for years

Nestle, Cardbury, they have been taken us for a ride long time

They almost monopolized Dairy business in Nigeria
Given that stupid people tend to reproduce faster than smart people is Idiocracy a serious threat to humanity?
Re: Nestle Nigeria Plc Posts N255bn Pre-tax Losses In First Nine Months Of 2024 by deltaF0SS:
Man huh
we should avoid engaging these politicial zombies 4 our collective sanity... undecided
Imagine single handedly pulling the avg. IQ much lower, some beings were born to fill the NPC allotment
Re: Nestle Nigeria Plc Posts N255bn Pre-tax Losses In First Nine Months Of 2024 by VULCAN(m): 12:50pm On Oct 30, 2024
I'm amazed that people are taking time to lecture helinues.

He is being paid to support APC.

The fact that he is intellectually shallow and cannot articulate his thoughts effectively just makes it more obvious to all that he is inept at doing his job.

When you read his output, you can tell he didn't attend a higher institution or if he did, he didn't graduate.

Sure, one can yab him in a paragraph or two but writing an epistle to him is a horrible waste of time
Re: Nestle Nigeria Plc Posts N255bn Pre-tax Losses In First Nine Months Of 2024 by almarthins(m): 12:51pm On Oct 30, 2024
Omooba77:
https://nairametrics.com/2024/10/29/nestle-nigeria-plc-posts-n255-billion-pre-tax-losses-in-first-nine-months-of-2024/
Shege promax for every body. Another company dey set to leave. If you be BAT supporter say "aye"
Re: Nestle Nigeria Plc Posts N255bn Pre-tax Losses In First Nine Months Of 2024 by maasoap(m): 12:51pm On Oct 30, 2024
CodeTemplarr:
One sad tale after the other, those in power are only focused on politics of clinching Rivers and Edo states .
nedu666:
Na so. Otunba t-pain aka Jagaban of hardship is working
I saw it on tiktok yesterday that most of those companies are being hit hard worldwide mainly by "buycott" as a result of their supports for Israel genocide and ethnic cleansing of Palestinians. And I read it that Nestle is the most hit worldwide. Cocacola is already cutting jobs (about 500) and shut down production in 5 locations in Germany
Re: Nestle Nigeria Plc Posts N255bn Pre-tax Losses In First Nine Months Of 2024 by Thiamine(m): 12:51pm On Oct 30, 2024
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Re: Nestle Nigeria Plc Posts N255bn Pre-tax Losses In First Nine Months Of 2024 by Racoon(m): 12:52pm On Oct 30, 2024
This is a devastating blow on Nestle as a company. Another company is exiting Nigeria again. Meanwhile, hear all the shitcrap the notorious APC zombie up there is spewing.
Re: Nestle Nigeria Plc Posts N255bn Pre-tax Losses In First Nine Months Of 2024 by FireUpNow(m): 12:52pm On Oct 30, 2024
helinues:
Good.

Those are the missing taxes for years

Nestle, Cardbury, they have been taken us for a ride long time

They almost monopolized Dairy business in Nigeria
This kind bad bellee nor good.
Re: Nestle Nigeria Plc Posts N255bn Pre-tax Losses In First Nine Months Of 2024 by Procashtips(m): 12:54pm On Oct 30, 2024
Worldwide boycott of Nestle is working!


You can't be funding genocide and expect things to be well with you!
Re: Nestle Nigeria Plc Posts N255bn Pre-tax Losses In First Nine Months Of 2024 by almarthins(m): 12:54pm On Oct 30, 2024
VULCAN:
I'm amazed that people are taking time to lecture helinues.

He is being paid to support APC.

The fact that he is intellectually shallow and cannot articulate his thoughts effectively just makes it more obvious to all that he is inept at doing his job.

When you read his output, you can tell he didn't attend a higher institution or if he did, he didn't graduate.

Sure, one can yab him in a paragraph or two but writing an epistle to him is a horrible waste of time
grin grin

Once upon a time, mannagrillbq was at the receiving end. The guy supported all the evil buhari threw at Nigeria.
Re: Nestle Nigeria Plc Posts N255bn Pre-tax Losses In First Nine Months Of 2024 by almarthins(m): 12:55pm On Oct 30, 2024
nedu666:
Na so. Otunba t-pain aka Jagaban of hardship is working
grin
Baba don prepare his next wrath of economic blow for Nigerians. Make una wait first, e dey come.
Re: Nestle Nigeria Plc Posts N255bn Pre-tax Losses In First Nine Months Of 2024 by Nobody:
.
Re: Nestle Nigeria Plc Posts N255bn Pre-tax Losses In First Nine Months Of 2024 by Eriokanmi: 12:59pm On Oct 30, 2024
helinues:
Good.

Those are the missing taxes for years

Nestle, Cardbury, they have been taken us for a ride long time

They almost monopolized Dairy business in Nigeria
SMH for your warped post. This simply confirms the level of illiteracy among Tinubu's supporters. No Jupiter needs to ask why Nigeria is in such a mess under him today
Re: Nestle Nigeria Plc Posts N255bn Pre-tax Losses In First Nine Months Of 2024 by Chekwume16(m): 1:01pm On Oct 30, 2024
Lol. You are funny indeed. Are sure you understand the meaning of pre tax losses or probably you think they are taxes brought forward from preceeding years. Its just the same thing as loss for the year before taxes
helinues:
Good.

Those are the missing taxes for years

Nestle, Cardbury, they have been taken us for a ride long time

They almost monopolized Dairy business in Nigeria
Re: Nestle Nigeria Plc Posts N255bn Pre-tax Losses In First Nine Months Of 2024 by cucumbar: 1:02pm On Oct 30, 2024
CodeTemplarr:
are you sane at all?
Maybe it is lack of highways and flyovers thats responsible too. I can see your oga using the last card we have nationally to build them.
That person is not sane really…he sounds like a Werey most times.
Re: Nestle Nigeria Plc Posts N255bn Pre-tax Losses In First Nine Months Of 2024 by Shevchenkko: 1:03pm On Oct 30, 2024
helinues:
Good.

Those are the missing taxes for years

Nestle, Cardbury, they have been taken us for a ride long time

They almost monopolized Dairy business in Nigeria
This dude is a muderfvcker. Your life will continue to be miserable if you don't quit this nonsense you're doing
Re: Nestle Nigeria Plc Posts N255bn Pre-tax Losses In First Nine Months Of 2024 by LtChisom: 1:04pm On Oct 30, 2024
maasoap:
I saw it on tiktok yesterday that most of those companies are being hit hard worldwide mainly by "buycott" as a result of their supports for Israel genocide and ethnic cleansing of Palestinians. And I read it that Nestle is the most hit worldwide. Cocacola is already cutting jobs (about 500) and shut down production in 5 locations in Germany
One idiotic muslim don drop quote.

Genocide to people that first invaded Israel and killed them on oct 7th.

True true islam is worthless, the fake prophet Mohamed is a pig aNd allah a dustbin bingo.
Re: Nestle Nigeria Plc Posts N255bn Pre-tax Losses In First Nine Months Of 2024 by cucumbar: 1:05pm On Oct 30, 2024
helinues:
You people are just too damn emotional about politics discussion. Only if you people have a clue about all the atrocities all these companies running loss have committed in Nigeria, then you won't have a pity for them.

If they want to pack up, let them pack up and go, we will attract new investors. They have sucked us enough
like you have been attracting new investors since balablu took over abi ? Werey !!!
Re: Nestle Nigeria Plc Posts N255bn Pre-tax Losses In First Nine Months Of 2024 by LtChisom: 1:05pm On Oct 30, 2024
Procashtips:
Worldwide boycott of Nestle is working!


You can't be funding genocide and expect things to be well with you!
Idiotic head slamming fağots, followers of the fake prophet pig Mohammad.

No be you and your beast mother go suffer am as no one go give una shishi if una go beg.
Re: Nestle Nigeria Plc Posts N255bn Pre-tax Losses In First Nine Months Of 2024 by Ozommadu: 1:08pm On Oct 30, 2024
helinues:
The companies loosing now are those who have been doing shady deals in Nigeria most especially terror sponsor and also tax evasion
So Nestlé is a terror sponsor??

Are you really living??
Re: Nestle Nigeria Plc Posts N255bn Pre-tax Losses In First Nine Months Of 2024 by Kukutente23: 1:08pm On Oct 30, 2024
nairalanda1:
The report says pre-tax losses, pre tax.

Haba Helinues....why the lies?
Does he even know what that means

Dude is just trolling and y'all falling hard for it
Re: Nestle Nigeria Plc Posts N255bn Pre-tax Losses In First Nine Months Of 2024 by Kukutente23: 1:11pm On Oct 30, 2024
mikeapollo:
What kind of statement is this?
Instead of you to blame the useless, clueless and incompetent Tinubu govt. that has devalued the naira recklessly and destroyed the economy, you are describing a reputable multinational company like Nestle as '' lazy company''.
Have you established or managed any manufacturing company before?

Nestle has been operating and making profits in Nigeria for more than 57 years, probably longer than you were born. Generations and generations of people have worked, retired, and still working in the company in Nigeria and other countries around the world. They were making profits before the Tinubu govt. came to destroy the economy.

And how do you compare Oando with Nestle? Does it make sense to you at all?
Oando under the present management is less than 30 years!
Oando sells crude oil to the outside world and receives dollars in payment, hence they don't suffer exchange losses.

Nestle produces fast moving consumer goods which are used daily by the people locally e.g. Milo, Nido etc. which are sold in the local currency(naira), hence they suffer huge exchange losses when the currency is devalued. They import raw materials in dollars and receive Naira for their products, hence they are badly exposed to forex risk. Can you buy Milo, Nido etc. and pay in dollars?

It is statements like yours that make Nigerian politicians take the citizens for granted as if they do not think!
My good friend. Long time
I'm surprised you're lashing out in defence of nestle over Oando. I thought you're Oando tokantokan. You also trashed Tinubu too? Wonderful!!

But pls don't take that clown seriously. Everything is politics to his kind. Don't take him serious pls
Re: Nestle Nigeria Plc Posts N255bn Pre-tax Losses In First Nine Months Of 2024 by TheBillyonaire: 1:11pm On Oct 30, 2024
Tax Evasion Strategy.

Most Nigerians are too lazy to understand that if you declare a loss, you avoid taxes, so will all blame the Economy when in essence, this is a major play book strategy on how the wealthy get more wealthy by cheating the system.

Corporate Yahoo no be for keyboard warriors.
Re: Nestle Nigeria Plc Posts N255bn Pre-tax Losses In First Nine Months Of 2024 by maasoap(m): 1:14pm On Oct 30, 2024
LtChisom:
One idiotic muslim don drop quote.

Genocide to people that first invaded Israel and killed them on oct 7th.

True true islam is worthless, the fake prophet Mohamed is a pig aNd allah a dustbin bingo.
I'm not here to debate religions but humanity. Fvck religions, fvck you and your messed up brain

Re: Nestle Nigeria Plc Posts N255bn Pre-tax Losses In First Nine Months Of 2024 by Eriokanmi: 1:15pm On Oct 30, 2024
nedu666:
The dividends they pay shareholders is what?
The taxes they pay fed govt is what?
The salaries to thousands of workers is what?
The paye paid to state govt is what?
The annual rewards to distributors is what?
The community relations project is what?
TV adverts is what?

Your education is truly a waste
helinues is a stark illiterate. Why do you bother responding to him. Is it only in Nigeria Nestle has branches? Why is the situation not same in other countries in africa where they exist? Why are all multinationals leaving Nigeria after making millions of homes millionaires in dividends, salaries, sponsorships and above all, revenues to the federal government in taxes over 5 decades of their existence in Nigeria?

Guiness started this way before they left for another african country to establish. I don't see them coming back again and that's a huge loss to the Nigerian government in revenues and the labour force in general.

I doubt the illiterate is aware that the federal government is struggling to pay salary now cos of depleted revenues. Guiness, Nestle etc are huge tax payers. The pre tax loss would have a huge negative effect on the federal government's revenues meaning, more difficulty in paying federal workers and meeting their fiscal and budgetary obligations.
Re: Nestle Nigeria Plc Posts N255bn Pre-tax Losses In First Nine Months Of 2024 by oshiokpu(m): 1:16pm On Oct 30, 2024
Almost all business in Nigeria are operating at a loss right now. Because you must account for foreign exchange transactions!
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