NNFM declares N153.32 Loss After Tax in Q2'19 Results,(SP:N4.30k)

 Monday, October 28, 2019 / 1:20 PM / By NSE / Header Image Credit: FMN Plc

Northern Nigeria Flour Mills Plc  released its Unaudited third quarter results for the period ended September 30, 2019.

Key Highlights

Revenue grew by +75.1% to N2.47bn from N1.41bn in the previous quarter         .

Loss Before Tax grew by 46.8% to N143.12m.

Profit After Tax grew by 57.2% to N153.32m.

Net Assets also declined by 7.4% to N997bn from N1.07bn as at December 31, 2018.

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