Northern Nigeria Flour Mills Plc released its audited financial results for the year ended 31st of March, 2021.
- Revenue for the year was N8.67 billion. (-2% YoY)
- Cost of sales was N7.9 billion. (-1.1% YoY)
- General and administrative expenses totalled N490.9 million. (-4.1% YoY)
- Operating profit was N328.29 million. (-41.6% YoY)
- Profit for the year was N69.92 million. (+8.2% YoY)
- Earnings per share of 39 kobo Vs 36 kobo YoY.
See link to results.