[PROMOTED] 98th AGM: Unilever Nigeria’s shareholders approve N1.44 billion dividend for FY ‘22 | TheCable
Shareholders of Unilever Nigeria Plc have approved the payment of N1.44 billion as a dividend for the Financial Year ended 31st December 2022 at the 98th Annual General Meeting of the company held in Lagos. The company posted a turnover of N88.5 billion for the financial year, representing a 26% top-line growth from N70.5 billion recorded in FY 21.
On the economy, Achebe explained that “the year 2022 was a peculiar year that came with its challenges and opportunities. As a forward looking and ever evolving organisation, we were able to adapt and focus on the opportunities to enable us to serve our consumers with our products that enhance their health and hygiene.”
The Company’s report shows that Profit After Tax appreciated to N4.5 billion representing 31% increase from the figures in FY 2021. The earnings before interest, taxes, depreciation, and amortization stood at N9.9 billion, an increase of 114% from 2021.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
'Our countries share values' -- Kenyan president congratulates Tinubu | TheCableKenyan president Williams Ruto has congratulated Bola Tinubu, president-elect, on his electoral victory.
Read more »
Gombe agency gets N1.8bn revenue in two yearsMr Kabiru Hassan, the Director-General, Gombe, State Geographic Information Systems, GOGIS, says the agency generated over N1.8 billion in revenue in two
Read more »
Buhari to inaugurate 650,000bpd Dangote Refinery May 22 | TheCablePresident Muhammadu Buhari is expected to be in Lagos on May 22 to commission the Dangote Refinery.
Read more »
MTNN Records N100.49bn Net Profit In Q1MTN Nigeria Communications Plc (MTN Nigeria) recorded N100.491 billion profit after tax(PAT) in its unaudited results for the first quarter (Q1) ended March
Read more »
Suspected jihadists kill seven, kidnap 22 in NigeriaSeven people have been killed and 22 others kidnapped in two separate attacks in northeast Nigeria's Borno State where jihadist groups operate, security sources and residents said Saturday.]Insecurity is a major concern in Africa's most populous nation as a new president is set to be sworn in this month following an election disputed by the opposition.
Read more »
Time for reset: Education reforms as a priority in Nigeria | TheCableEducation is a critical priority for Nigeria, as it is for any nation serious about growth and development. Unfortunately, in the past ten years, we have not seen any focus
Read more »