What Everyone Dislikes About Unilever And Why
As with regards to operating expenditures, Unilever Nigeria reported a 39 per cent raise in selling & distribution expenses in 2021, whilst marketing and administrative expenses also grew significantly by 42 per cent. The interplay among revenue and CoS lifted gross profit to N20.36billion in 2021, an improve of 84 per cent from N11.07billion reported in 2020. The growth in income and gross profit contributed to 28.9 per cent Gross margin in 2021 from 21.two per cent in 2020. Unilever Nigeria grew its revenue by 35.07 per cent to N70.52billion in 2021 from N52.21billion in 2020, mainly driven by the...