Market Date: 24-05-2013
Agriculture
Archives
Bonds
Cap Mkt Sentiments
Capital Market
CASHLESS NIGERIA
Corporate Earnings
Daily & Weekly Market Updates
Enterpreneurship
ETF's
Forex
Frauds & Scandals
General
Global Market
Insurance
Investors NewsBeat
Islamic Banking
Mergers & Aquisitions
Money Market
Mortgage
Mutual Funds REITs
Nigerian Economy
Oil Sector
One Minute News
Opinions and Analysis
Pensions
People
Politics
Power
Products & Services
Professionals
Property
Public Offers Private Placements
Regulators
Taxation
Telcos
Travel & Tours
World of Business
Results: Linkage Assurance & FlourMills Plc
Category: Corporate Earnings
Read (772)
Linkage Assurance Plc today released its audited results for the year ended 31st December, 2007. Turnover jumped by 258.49% to N1.026 billion, from N286.2 million, PBT also increased by 298.95% to N304.8 million, from N76.4 million, PAT also increased by 283.08% to N273.9 million, from N71.5 million, in the corresponding period of 2007.
Flourmill Plc also released its un-audited results for first quarter ended 30th June, 2008. Turnover grew by 59.06% to N36.979 billion, while PAT increased by 33.20% to N1.950 billion and PAT increased by 33.17% to N1.365 billion. In spite of the good earnings reported by the two companies, their share price closed flat. This might be due to the current mood in the market for Linkage Assurance and low traded for Flourmill.
Tags: ,
.jpg){kind=small}
