Dear Members,Do you know that naijacrux is fully programmed to serve you better, Do you know that you can share your favorite post on naijacrux with friends on twitter,facebook, googleplus,myspace and many more! To share post on naijacrux with friends and family on twitter, facebook,googleplus,myspace,and many more, scroll to the down page of the post, Click on the Social Icon You Want To Share On To Share.

Random Pagan Verse:
Naked I may speak now for I know both:
Men are treacherous too
Fairest we speak when falsest we think:
many a maid is deceived.

Author Topic: PZ Cusson reports N15.01bn consolidated revenue Q1 2014 despite insecurity  (Read 1146 times)

0 Members and 1 Guest are viewing this topic.

Offline jchima14 (OP)

  • Hero Member
  • *****
  • Date Registered: Oct 2014
  • Posts: 1224
  • Karma: +0/-0
    • View Profile
Despite insecurity in Northern Nigeria which has continued to stifle businesses, PZ Cusson plc, manufacturer of household consumables, has reported N15.01 billion consolidated revenue for the first quater period which ended August 30, 2014 (Q1 August).

?In Nigeria, disruption in the North of the country has continued to worsen, resulting in a decline in sales in that region,? the company said in a September 23 note posted on its website, saying ?good growth has continued in the South of the country.?

PZ had a better management of direct costs attributable to projects as gross profits were up by 1.07 percent to N4.04 billion in the review period from N3.97 billion the preceding year, while gross profit margin remained flat at 26 percent.