2021 Q2 Results: Northern Nigeria Flour Mills Plc grows profit after tax by 17% to N90.9 million.

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.

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