By InvestAdvocate

Lagos (INVESTADVOCATE)-Seven-Up Bottling Company Plc, Chellarams Plc and Academy Press Plc has declared dividends for the Audited Results Ended March 2012.

According to the Result Announcements on the Floor of the Nigerian Stock Exchange (NSE) Friday, Seven-Up declared a N2.00 dividend, Chellarams Plc declared 10 Kobo and Academy Press 7.5 Kobo.

Seven-Up said Qualification Date for members whose names appears on the Company’s Register is July 13 2012 and Closure Date for the N2.00 dividend has been scheduled for July 16 to July 27 2012.

Annual General Meeting (AGM) has also been scheduled for September 20 2012 at the Muson Centre in Lagos Nigeria.

On its part, Chellarams Plc said its AGM date has been scheduled for September 27 2012.

A review of the Audited Year Result of the Chellarams Plc shows that Turnover increased from N23.351 billion in year 2011 end compared to N23.000 billion in the review period of year 2012; indicating an increase of 7.06 percent (7.06%).

While Profit After Tax (PAT) also grew from N220.318 million in 2011 end compared to N231.632 million in year 2012; showing a growth of 5.13%.

Profit Before Tax (PBT) also increased from N333.821 million in Year 2011 compared to N360.910 million in the Audited Year Ended March 2012; representing an increase of 8.11% in the period under review.

Also, Academy Press posted a Turnover of N2.022 billion in year 2012 end compared to N2.008 billion; showing a slight increase of 0.69%.

However, PAT declined from N103.903 million in year 2011 end to N81.454 million in the review period of year 2012; representing a decline of 21.60%.

In the same vein, Northern Nigeria Flour Mills Plc (NNFM) PAT declined from N455.598 million in 2011 end compared to N5.043 million in the review period of 2012; showing a decline of 99%.

PBT of NNFM also depreciated from N649.463 million in 2011 end compared to N47.331 million in the Audited Period Ended March 31 2012; indicating a depreciation of 93%.

However, Turnover grew from N11.449 billion in 2011 end to N12.674 billion in the review period of 2012 end; representing a growth of 11%.

Also, Primary Mortgage Firm, Aso Savings & Loans Plc recorded a decline in PAT as it posted N129.298 million in the Audited Period Ended March 31 2012 compared to N1.212 billion in year 2011 end; showing a decline of 89.33%.

Aso Savings posted a PBT of N300.681 million in the review period of 2012 compared to N1.903 billion in year 2011 end; representing a decrease of 84.19%.

Gross Earnings also dipped from N11.008 billion in 2011 end compared to 10.785 billion in the Audited Period Ended March 31 2012; indicating a dip of -2.02%.