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Tag: NESTLÉ NIGERIA NET LOSS

Business / Companies / economics

Nestlé Nigeria Reports 107% Increase in Net Loss to N165bn in 2024

February 28, 2025February 28, 2025 - by Marcus Chen - Leave a Comment

Nestlé Nigeria Plc experienced a 107% increase in net loss for 2024, reaching N164.595 billion. While revenue surged by 75% to N958.814 billion, soaring costs of sales hampered profitability. CEO …

Nestlé Nigeria Reports 107% Increase in Net Loss to N165bn in 2024 Read More
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