Vitafoam Nigeria Plc reported earnings results for the second quarter and six months ended March 31, 2022. For the second quarter, the company reported sales was NGN 13,728.04 million compared to NGN 10,686.35 million a year ago. Net income was NGN 1,805.44 million compared to NGN 1,317.65 million a year ago. Basic earnings per share from continuing operations was NGN 1.7326 compared to NGN 1.2645 a year ago.
For the six months, sales was NGN 25,336.31 million compared to NGN 18,632.43 million a year ago. Net income was NGN 3,338.65 million compared to NGN 2,265.87 million a year ago. Basic earnings per share from continuing operations was NGN 3.2039 compared to NGN 2.1744 a year ago.