PZ Cussons Nigeria migrates from N90.32bn loss to N10.07bn profit in 2025
PZ Cussons Nigeria Plc on Monday disclosed its audited result and accounts for full year ended May 31, 2025 with N10.07 billion profit after tax as against N90.32 billion loss declared in audited result and accounts for full year ended May 31, 2024.
The company in its filing on the Nigerian Exchange Limited (NGX) also declaared N16.66 billion profit before tax in 2025FY from N122.5 billion loss before tax in 2024.
The migration into profitability is on the backdrop of N212.63billion revenue in 2025, about 40 per cent increase over N152.25billion posted in 2024, while foreign exchange loss dropped to N7.78 billion in 2025 as against N157.92 billion in 2024.
Earnings per share recovered strongly to N2.32 from a loss per share of N20.83 the previous year, while profit attributable to shareholders amounted to N9.21bn, reversing the N82.70bn loss posted in 2024.
Despite the return to profit, PZ Cussons’ equity position remained negative at N17.34bn, although this reflected a 37 per cent improvement when compared with negative N27.51bn in the preceding year.
The company also reported a decline in staff strength, with the number of employees reducing eight per cent to 867, down from 946 in 2024.
