Tripple Gee & Company Plc reports profit after tax of N49.7 million in Q2 2021.

Tripple Gee & Company Plc released its unaudited financial results for the second quarter of the year ended 30th of September, 2021.

  • Turnover during the period was N371.47 million. (-55.4% YoY)
  • Cost of sales stood at N188.8 million. (-73% YoY)
  • Distribution and administrative expenses totalled N108.75 million. (+87.1% YoY)
  • An operating profit of N73.9 million was recorded.
  • Total assets during the period stood at N3.48 billion. (+79.3 YoY)
  • Profit after tax was N49.7 million. (+41.4 YoY)
  • Earnings per share of 10.04 kobo Vs 7.10 kobo YoY.

See link to results.

Tripple Gee & Company Plc: Notice of Annual General Meeting.

The Board of Tripple Gee & Company Plc has announced that it will be hosting its 31st Annual General Meeting (AGM) in Lagos on the 9th of September, 2021.

According to a notice signed by the company’s secretary, Mrs. M. Adenike Sode and sent to the Nigerian Exchange Group Limited (NGX), the meeting will hold at Sun Heaven Hotels & Resort  in Ikoyi-Lagos on the aforementioned date and by 10:00am prompt.

In light of this, the following issues will be discussed;

  • The audited financial statement for the year ended March 31, 2021, and the report of its Directors, auditor, and the audit committee.
  • To consider and approve the dividend recommended by the Board
  • Board appointments will also be considered and ratified.
  • To fix remuneration of managers and Directors in FY 2021.
  • To elect shareholders’ representatives of the statutory audit committee.

For more details about the AGM, click HERE.

Tripple Gee & Company Plc reports a loss after tax of N62.47 million in Q1 2021.

Tripple Gee & Company Plc released its unaudited results for the period ended 30th of June, 2021.

  • Turnover for the period was N256.9 million. (+107% YoY)
  • Cost of sales was N192.6 million. (+71% YoY)
  • Distribution and administrative expenses totalled N118.01 million (+72% YoY)
  • Loss after tax for the period was N62.47 million.
  • Loss per share of -13 kobo Vs -12kobo YoY.

See link to results.

Tripple Gee and Company Plc reports a 129% increase in profit to N85.9 million in FY 2020.

Tripple Gee and Company Plc released its audited financial results for the year ended 31st of March, 2021.

  • Revenue for the year was N2.01 billion. (+51.9% YoY)
  • Cost of sales was N1.59 billion. (+58.2% YoY)
  • Distribution and administrative expenses totalled N244.1 million. (+6.21% YoY)
  • Profit after tax was N85.9 million. (+128.8% YoY)
  • Earnings per share of 17.4 kobo Vs 7.6 kobo YoY.
  • No dividend announcement was made

See link to results.