pz cussons nigeria
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Nigeria Depreciating Naira Drags PZ Cussons Nigeria into First Loss Since 2020
PZ Cussons Nigeria reported its first annual loss since 2020, with a N76 billion deficit for the year ending May 2024. The loss was driven by a 3,000% surge in foreign exchange losses due to naira depreciation, significantly impacting the company's financial stability and increasing liabilities...- Nigeria News
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- 1 min read
- annual loss foreign exchange loss n76 billion deficit naira depreciation pz cussons nigeria
- Category: Business
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Nigeria Shareholders Left Empty-Handed as PZ Cussons Nigeria Reports N96.4 Billion Loss and Negative Equity
PZ Cussons Nigeria reports a massive N96.4 billion loss in FY 2024, resulting in negative equity. Despite revenue growth, exchange losses, and macroeconomic challenges have severely impacted the company's finances. Delisting plans face hurdles as the parent company reviews Nigerian operations to...- Nigeria News
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- 2 min read
- fmcg nigerian consumer goods industry pz cussons pz cussons financial loss pz cussons nigeria
- Category: Business
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Business PZ Cussons to Hike Price of Its Products in Nigeria
PZ Cussons Nigeria is in murky waters and may soon start to hike the price of its commodities in Nigeria. The first quarter results of PZ Nigeria for the period ending August 31, 2016 showed an interim pre-tax loss of about N2.4 billion compared to a pre-tax profit of N547 million in the same...- LequteMan
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