PZ Cussons: Huge FX loss of N4.701bn weighs Q1’16 results

PZ Cussons: Huge FX loss of N4.701bn weighs Q1’16 results

The Nigerian Stock Exchange (NSE) on Tuesday published the unaudited first-quarter (Q1) financial statements of PZ Cussons Nigeria Plc for the period ended August 31, 2016. The company reported loss before taxation (LBT) of N2.431billion from N546.792million profit before tax (PBT) in the corresponding quarter of 2015; a decline of about 544.6percent. Nigeria is PZ…

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