PZ Cussons’ profit plunges 66% despite higher revenue

The Punch | 01-10-2026 12:08am |

PZ Cussons Nigeria Plc has announced that its profit dropped by 66% in the first quarter, falling to N4.63 billion. This decline happened even though the company's revenue increased by 10%. The main reason for the profit drop was a significant decrease in foreign exchange (FX) gains.

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