Nestle Nigeria sees Q3 net profit at 2.22 bln naira

LAGOS, June 10 | Wed Jun 10, 2009 10:21am EDT

LAGOS, June 10 (Reuters) - Nestle's Nigerian food and beverage group NSTL.LG forecast third quarter net profit at 2.22 billion naira ($15.1 million) on Wednesday, down from 5.49 billion reported during the same period last year.

The company has yet to report its second quarter earnings.

(For full Reuters Africa coverage and to have your say on the top issues, visit: africa.reuters.com/ ) ($1=146.75 naira) (Reporting by Chijioke Ohuocha; Editing by Randy Fabi)

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.