Livestock Feeds Plc post 233% increase in 2020 FY post tax profits

Livestock Feeds Plc released its 2020 FY results reporting a revenue of N11.18 billion representing a 12.30% increase from the N9.96 billion revenue reported a year earlier.

  • Operating expenses during the year was N675.84 million in 2020 compared to N623.01 million in 2019. +8.48% YoY
  • The company reported a profit after tax of N354.12 million in 2020 compared to N106.35 million profit after tax in 2019. +232.97% YoY.
  • Earnings per share for the year printed at 11.80 kobo per share compared to 3.55 kobo per share. +232.39% YoY.
  • No dividend announcement was made in their press release.
  • The company share price of N2.55, up 83.45% YTD.

See link to results.


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