Livestock Feeds Plc reports Net profit of N82.64 million in Q3 2021 

Livestock Feeds Plc released its unaudited financial results for the third quarter of the year ended 30th of September 2021. 

  • Revenue from contracts with customers during the period was N3.72 billion. (+21.18% YoY) 
  • Cost of sales stood at N3.36 billion. (+27.04% YoY) 
  • Gross profit for the period was N356.10 million. (-15.59% YoY) 
  • Operating Profit of N158.16 million was recorded. (-29.38% YoY) 
  • Profit for the period stood at N82.64 million (-36.66%) 
  • Total assets during the period stood at N5.22 billion. (+1.26Bn YtD) 
  • Earnings per share of 2.75 kobo Vs 6.40 kobo YoY. 

See full result here 

2021 Half-Year Results: Livestock Feeds Plc records a 258% increase in profit to N337.9 million.

Livestock Feeds Plc released its unaudited financial statements for the period ended 30th of June, 2021.

  • Revenue for the period was N7 billion. (+42.3% YoY)
  • Cost of sales was N6.2 billion. (+40.4% YoY)
  • Operating profit was N479.5 million. (+117.3% YoY)
  • Administrative expenses totalled N224.9 million. (+27.8% YoY)
  • Profit after tax was N337.9 million. (+258.2% YoY)
  • Earnings per share of 11.3kobo Vs 3.1kobo YoY.
  • Total assets for the period worth N5.83 billion.

See link to results.

Livestock Feeds Plc Profit after tax surge by over 300% to N176.54 million in Q1 2021.

Livestock Feeds Plc released its unaudited results for the first quarter of the year (Q1, 2021).

  • Revenue from contracts with customers was N3.35 billion. (+36% YoY)
  • Cost of sales was N2.95 billion. (+32.5% YoY)
  • Administrative expenses totalled N104.2 million. (+28.4% YoY)
  • Operating profit of N245.9 million. (+138.6% YoY)
  • Profit after tax was N176.54 million. (+335.9% YoY)
  • Earnings per share 6kobo Vs 1kobo YoY.

See link to results.