Nestlé Nigeria Plc announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was NGN 70,329.350 million compared to NGN 70,966.754 million a year ago. Operating income was NGN 17,537.558 million compared to NGN 19,086.552 million a year ago. Net income was NGN 11,195.394 million compared to NGN 12,846.321 million a year ago. Basic earnings per share was NGN 14.12 compared to NGN 16.21 a year ago.