NNFM Declares N68.5m PAT in Q1 2020 Results, (SP:N3.87k)


Monday, August 17, 2020 / 11:14 AM / NSE / Header Image Credit: African Financials

Northern Nigeria Flour Mills Plc released its Q1 2020 Unaudited results for the period ended June 30th, 2020.

Key Highlights

  • Revenue grew by 68.9% to N1.9bn from N1.1bn in the previous quarter.

  • Profit before tax grew by 304% to N68.5m.

  • Profit after tax grew by 536.9% to N68.5m.

  • Net Assets grew by 144.4% from N1.2bn to N2.8bn.

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