Nestle Nigeria Plc on Friday reported a 94% drop in net income to N536m in half-year 2016, down from N8.9bn recorded in the same period a year ago.
However, the maker of Milo, Choco Milo, Nido, Nescafe coffee, among others said that revenue grew 22% to N80bn, up from N66bn recorded in the first-half of 2015.
