PZ Cussons Says H1’2018 Pretax Profit Down 47.67% Year-on-Year

December 14, 2017/InvestmentOne Report

PZ Cussons Plc released its Q2 2018 (end – November). 

Please find key highlights below;

Q2 2018: 

·         Revenue of N22.22bn; up +17.59% q/q, up +34.29% y/y 

·         Profit before tax of N1.05bn; up +679.92% q/q, down -47.67% y/y 

·         Profit after tax of N712mn; up +678.99% q/q, down -45.05% y/y. 

H1 2018:

·         Revenue of N41.12bn: up +23.48% y/y

·         Profit before tax of N868.68mn: up +304.31% y/y

·         Profit after tax of N590mn: up +304.03% y/y  

PS* PZ Cussons’ year end is MAY. 

Please click to download a copy of the financial statements