Industrials Archives - Page 4 of 11 - NAIRAMETRICS| COMPANY EARNINGS

CWG Plc posts profit of N286.4 million in HY 2021.

2 August 20216 August 2021 Chidi Emenike 1 Comment

CWG Plc released its unaudited financial results for the period ended June 30, 2021.

Revenue for the period was N5.97 billion. (+9.8% YoY)
Cost of sales was N4.5 billion. (+13.7% YoY)
Operating expenses totalled N1.05 billion. (+4.46% YoY)
EBITDA of N486.6 million.
Profit for the period was N286.41 million. (-9.8% YoY)
Total asset for the period stood at N10.53 billion.

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International Breweries Plc reports a loss of N13.9 billion in Half Year 2021.

2 August 20212 August 2021 Chidi Emenike 1 Comment

International Breweries Plc released its unaudited financial results for the period ended June 30, 2021.

Revenue for the period was N82 billion. (+35.2% YoY)
Cost of sales was N66.5 billion. (+30.3% YoY)
Administrative expenses totalled N20.2 billion. (+26.7% YoY)
Loss for the period was N13.9 billion.
Loss per share of -52 kobo Vs -35 kobo YoY.

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Julius Berger Nigeria profit after tax surge by 346% to N4.76 billion in HY 2021.

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Julius Berger Nigeria Plc released its unaudited financial results for the period ended June 30, 2021.

Revenue for the period was N146.31 billion. (+43.4% YoY)
Cost of sales was N118.9 billion. (+42.6% YoY)
Administrative expenses totalled N17.8 billion. (+13% YoY)
An operating profit of N10.4 billion was recorded.
Profit after tax for the period was N4.76 billion. (+346.3% YoY)
Earnings per share of N3.01 Vs N0.01 YoY.

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Northern Nigeria Flour Mills Plc grows profit by 21% to N82.9 million in Q1 2021.

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Northern Nigeria Flour Mills Plc released its unaudited financial results for the first quarter of the year ended June 30, 2021.

Revenue for the period was N3.56 billion. (+87% YoY)
Cost of sales was N3.25 billion. (+88.3% YoY)
Administrative expenses totalled N170.7 million. (+106.4% YoY)
An operating profit of N147.9 million was recorded. (+25.05% YoY)
Profit after tax for the period was N82.9 million. (+20.96% YoY)
Earnings per share of 46 kobo Vs 38 kobo YoY.

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Nigerian Breweries Plc reports a 38% increase in profit to N7.7billion in Q2 2021.

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Nigerian Breweries Plc released its unaudited financial results for the second quarter of the year ended June 30, 2021.

Revenue for the period was N209.3 Billion. (+37.8% YoY)
Cost of sales was N131.3 billion. (+41.7% YoY)
Marketing, distribution and administrative expenses totalled N58.63 billion. (+32.0% YoY)
Profit for the period was N7.72 billion. (+38.1% YoY)
Earnings per share of 96 kobo Vs 71 kobo YoY.

Commenting on the results, the Board said: ‘’The impact of Coronavirus (Covid-19) pandemic on the economy and by implication, the Company, continued during the period under review. Our priority remained protecting the health, safety and welfare of employees, customers and partners. We regularly monitored and evaluated the Company’s financial position and performance in the light of the pandemic; our Balance Sheet remained strong. The focus of the Board and Management continues to be the mitigation of the impact of the pandemic on the business.’’

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