PZ Cussons Ghana Limited Reports Unaudited Earnings Results for the Nine Months Ended February 28, 2018
PZ Cussons Ghana Limited reported unaudited earnings results for the nine months ended February 28, 2018. For the nine months, the company reported revenue of GHS 84,390,030 compared to GHS 66,822,712 a year ago. Operating profit was GHS 1,679,467 compared to operating loss of GHS 7,823,835 a year ago. Profit before income tax was GHS 3,008,571 compared to loss of GHS 9,528,121 a year ago. Profit attributable to equity shareholders was GHS 3,008,571 compared to loss of GHS 9,528,121 a year ago. Earnings per share were GHS 0.0179 compared to loss per share of GHS 0.0567 a year ago. Net cash used in operating activities was GHS 8,241,387 compared to net cash generated from operating activities of GHS 12,546,167 a year ago. Purchase of property, plant and equipment was GHS 290,489 compared to GHS 924,924 a year ago.