NNFM Declares N64.6m PAT in Audited 2019 Results, (SP:N4.30k)

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Wednesday, August 12, 2020 / 11:54 AM / NSE/ Header Image Credit: Flour Mills Nigeria


Northern Nigeria Flour Mills Plc released its 2019 Audited results for the period ended March 31st, 2020.


Key Highlights

  • Revenue grew by 113% to N8.8bn from N4.2bn in the previous quarter.

  • Profit before tax stood at N121m.

  • Profit after tax stood at N64.6m.

  • Net Assets grew by 140.6% from N1.2bn to N2.8bn.

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