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results - Morison, Dangote flour and AIICO

Category: Corporate Earnings


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results - Morison, Dangote flour and AIICO
Morison Industries Plc today announced its audited result for the year ended December 31, 2007. Turnover increased by 7% to close at N221.7 million. PBT decreased by 26% to N10.5 million while the PAT declined by 33% from N8.14 million of 2006 to close at N5.49 million for 2007 year-end. The company proposed a dividend of N0.03 while 19/12/2008 and 30/12/2008 are the closure and payment dates respectively.
 
Dangote Flour Plc announced its audited result for the year ended December 31, 2007. Turnover increased by 18% to close at N42.2 billion. PBT decreased by 6% to N675.7 million while the PAT declined by 22% from N721.9 million of 2006 year-end to close at N561.6 million for 2007. The company also announced its result for the third quarter ended September 30, 2008. Turnover increased by 5% to close at N34.8 billion. PBT increased by 289% to N2.6 billion while the PAT surged by 332% from N416.6 million to close at N1.8 billion.
 
AIICO Plc announced its result for the third quarter ended September 30, 2008. Gross Premium increased by 96% to N5.5 billion, PBT increased by 133% to N884.6 million while the PAT surged by 133% from N341.6 million of 2006 to close at N796.1 million.


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