Nestle Nigeria's 2008 Profit Up 53 pct

Lagos, Feb 27 - Results of Nigerian food and beverages group, Nestle Plc , for its financial year ended Dec. 31, 2008, as released by the Nigerian Stock Exchange on Thursday:

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 (in billions of naira) 
                                     2008      2007
Turnover                     51.74     44.03
Profit after tax               8.33       5.44