Unilever Nigeria Plc released its audited report for the year ended December 31, 2020. The company recorded turnover of N61.9 billion in the year under review, which represents 2 percent top-line growth compared to N60.4 billion turnover recorded in the corresponding year in 2019.
The result showed that the company recorded a gross profit of N12.8 billion for the year ended December 31, 2020, representing a 169 percent increase in gross profit relative to gross loss of N4.7 billion reported for the year ended December 31, 2019.
Overall, loss after tax for the year ended December 31,…
