NNFM declares N146.34 PAT in Q2 2020 Results, (SP:N5.06k)

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Friday, November 06, 2020 / 12:02 PM / By NSE / Header Image Credit: Northern Nigeria Flour Mills


Northern Nigeria Flour Mills Plc  released its Q2 2020 Unaudited results for the period ended September 30th, 2020.


Key Highlights

  • Revenue grew by 75.4% to N4.34bn from N2.47bn in the previous quarter.

  • Profit before tax grew by 202.2% to N146.34m. 

  • Profit after tax grew by 195.4% to N146.34m. 

  • Net Assets grew by 189.7% to N2.88bn from N996.96m.

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