Flour Mills Reports N19.79 Billion 9-Months Pretax Profit

Flour Mills of Nigeria

By InvestAdvocate

Lagos (INVESTADVOCATE)-Fast Moving Consumer Goods (FMCG) firm, Flour Mills of Nigeria Plc said on Wednesday its pretax profit for the nine-months period ended December 31, 2015 was N19.79 billion compared N3.70 billion recorded a year ago.

Similarly profit after tax (PAT) increased to N19 billion from N3.30 billion posted the same period of 2014.

The group revenue of the company climbed up 7.78 percent to N264 billion from N244.3 billion declared in the third quarter of 2014, Flour Mills said in a filing with the Nigerian Stock Exchange (NSE).

Click here to view the Income Statement of Flour Mills Nigeria for the Nine-Months Ended December 31, 2015

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