DANGFLOUR Declares N2.89bn Loss in 2019 Results,(SP:N18.95k)


Friday, May 03 2019  12:04 PM / NSE

Dangote Flour Mills Plc released its unaudited first quarter results for the period ended March 31, 2019.


Key Highlights

Revenue declined by -13.40% to N22.95bln from N26.50bln in the previous quarter.

Loss Before Tax grew by 56.83% to N3.54bln

Loss After Tax grew by 283.30% to N2.89bln

Net Assets also declined by 18.62% to N31.76bln from N39.03bln as at 31st December, 2018.

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