WorldStage Newsonline– Nestlé Nigeria Plc has released its annual report and financial statements for the year ended 31 December 2021 with 2% growth in profit for the year to N40.037 billion from N39.212 billion in 2020.
However, revenue for the year grew by 23% to N351.822 billion from N287.084 billion in 2020.
The directors propose a final dividend of N25.50, from current year profit (2020:N35.50) per share on the issued share capital of 792,656,252 (2020:792,656,252) ordinary shares of 50k each, subject to approval by the shareholders at the Annual General Meeting.
