May 31, 2024, reporting a net loss.
For the fourth quarter, PZ Cussons reported sales of ₦41.53 billion, a substantial increase from ₦26.97 billion recorded in the same period last year.Despite the increase in sales, the company faced a net loss of ₦3.2 billion, a stark contrast to the net income of ₦ 2.68 billion reported a year ago. Similarly, the diluted loss per share from continuing operations was NGN 0.0042, compared to diluted earnings per share of ₦0.0079 a year ago.
For the third quarter, the company’s sales grew to ₦42.54 billion, compared to ₦29.74 billion in the same period last year.
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