WorldStage Newsonline– PZ Cussons Nigeria Plc has released its 2023/24 unaudited interim financial statements for the quarter ended 30 November 2023 with 1,067% jump in loss after tax to negative N74.14 billion from a profit of N7.67 billion in 2022.
Revenue for the period however rsoe by 19% to N68.086 billion from N57.261 billion in 2022.
The huge loss could be linked high cost of sales which rose to N46.2 billion at 67.86% of revenue from N43.70 billion in 2022.
