Unilever Consumer Care Reports Decline in Revenue and Profit
1 report, 1 independent
Updated Sat 00:00
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What happened
Unilever Consumer Care Limited released financial statements for the three months ended September 30, showing revenue declined 13 percent year-on-year to Tk 88 crore. Profit decreased 33 percent to Tk 16 crore in the quarter, down from Tk 25 crore in the previous year. The company stated that the decline was driven by lower sales and reduced finance income.
From thedailystar.net
Why it matters
The financial results indicate a reduction in sales and profitability for Unilever Consumer Care Limited. The company, which manufactures Boost, Horlicks, and Maltova, reported earnings per share of Tk 8.52 for the quarter, down from Tk 12.80 in the same period last year.
From thedailystar.net
Who's involved
- BoostProduct manufactured by Unilever Consumer Care Limited
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The entities involved
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Boost
British drinks company
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