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Nestle gross N110bn in first quarter, 2022

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Food and Beverage Company, Nestlé Nigeria has announced its unaudited results for the first quarter ended 31st March 2022 with gross earnings N 110.2 billion, a 26.3percent rise from the N87.3bn reported in Q1 2021.

According to a released by the company, profit after tax for the period stood at N18.0billion as against the N12.4billion recorded in Q1 2021.

 

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