Unilever posts GH¢24.26m profit
Emmanuel Bruce
Business News
Unilever Ghana PLC has posted a profit of GH¢24.26 million for the first quarter of 2024.This compares with a profit of GH¢28.47 million for the same period in 2023.
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The company’s total revenue, however, grew from GH¢241.86 million in the first quarter of 2023 to GH¢242.50 million in the first quarter of 2024.
The slight increase in revenue was attributed to material cost savings.
The company’s total assets also increased to GH¢504.78 million in the period under review, up from the GH¢432.61 million in the first quarter of 2023, with total liabilities dropping from GH¢353.17 million to GH¢288.65 million.