By Opeyemi Issa InvestAdvocate
Lagos (INVESTADVOCATE)-RT Briscoe Nigeria Plc Thursday proposed to offer investors of the Company a 10 Kobo dividend and 1 for 5 bonus shares for the Audited Period Ended December 31 2011.
From the Corporate Actions of the Company to the Nigerian Stock Exchange (NSE) and made available to www.investadvocateng.com in Lagos Nigeria, RT Briscoe said Qualification Date for Shareholders to benefit from the end of year reward is May 15 2012 and Closure of Register of Members whose names appears on the Company’s record is 16th-25th June 2012.
The Firm said its Annual General Meeting (AGM) date is scheduled for June 28 2012 in Lagos Nigeria.
A review of RT Briscoe’s Audited Report for the Period Ended December 31 2011, shows that Profit After Tax (PAT) increased from N151.964 million in year 2010 end compared to N215.899 million in the review period of year 2011; indicating an increase of 42.1%.
Profit Before Tax (PBT) also grew from N192.219 million in year 2010 compared to N292.834 million in year 2011 end; showing an increase of 52.3%.
While Turnover also rose from N15.132 billion in 2010 end to N19.605 billion in the review period of year 2011 end; representing a rise of 29.6%.
