Flour Mills of Nigeria Plc Reports N5.4bn PAT in Q1 2022 Results,(Share Price: N30.45k)


Friday, August 06, 2021 / 1:24 PM / By NGX / Header Image Credit: fmnplc

Flour Mills of Nigeria Plc released its Q1 2022 Unaudited results for the period ended June 30th, 2021.

 Key Highlights

  • Revenue grew by 51% to N234bn from N155bn in the previous quarter.

  • Profit before tax grew by 12% to N7.3bn.

  • Profit after tax grew by 10% to N5.4bn.

  • Net Assets grew by 3% from N175bn to N180bn.

  • Share Price Currently Stands at N30:45k

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