Northern Nigeria Flour Mills Plc released its unaudited financial results for the second quarter of the year (Q2, 2021) ended September 30, 2021.
- Revenue for the period was N4.45 billion. (+82.3% YoY)
- Cost of sales stood at N4.13 billion. (+87.6% YoY)
- Administrative expenses totalled N182.3 million. (+82.6% YoY)
- An operating profit of N120.13 million was generated.
- Profit after tax was N90.9 million. (+16.8% YoY)
- Earnings per share of 51 kobo Vs 44 kobo YoY.
See link to results.