NNFM Declares N212m Loss in Q3 Unaudited 2019 Results,(SP:N4.30k)

Monday, February 10, 2020/ 05:50PM / NSE / Header Image Credit: Northern Nigeria Flour Mills Plc

Northern Nigeria Flour Mills Plc released its Q3 Unaudited 2019 results for the period ended December 31st, 2019.

Key Highlights

Revenue grew by 97.5% to N5bn from N2.5bn in the previous quarter.

Loss before tax stood at N206m.

Loss after tax stood at N212m.

Net Assets declined by -6.6% to N938m from N1bn.

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