Home Procurement NewsNestlé Faces Continued Difficulties with a Pre-Tax Deficit of N252.5 Billion in the First Half of 2024

Nestlé Faces Continued Difficulties with a Pre-Tax Deficit of N252.5 Billion in the First Half of 2024

July 30, 2024•

Nestle Nigeria Plc reported a pre-tax loss of N252.5 billion in the 2024 half-year, a 265% year-on-year decline from the N69.1 billion pre-tax loss in H1 2023. The company reported N407 billion in sales for the period, which is a 55% increase year over year from the N261.8 billion reported in H1 2023. While its […]

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Last modified: July 30, 2024

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