FLOURMILL Declares N25.7bn PAT in 2021 Audited Results, Proposes N1.65K Final Dividend; (SP:N29.05k)


Wednesday, June 30, 2021 / 12:04 AM / NGX / Header Image Credit: Nairametrics

Flour Mills of Nigeria Plc released its 2021 Audited results for the period ended March 31st, 2021.

Key Highlights

  • Revenue grew by 34% to N772bn from N574bn in the previous quarter.

  • Profit before tax grew by 116% to N37bn.

  • Profit after tax grew by 126% to N25.7bn.

  • Net Assets grew by 12% from N156bn to N175bn.

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