Dangote Flour Reports 144.46% Increase in H1’17 Pretax Profit

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July 27, 2017

By InvestAdvocate

Click here to download full PDF Copy of Dangote Flour Mills Plc Half-Year June 2017 Financial Statement

Lagos (INVESTADVOCATE)-Dangote Flour Mills Plc (DANGFLOUR) on Thursday said it pretax profit for the half year (H1) period ended June 30, 2017 increased 144.46 percent to N8.79 billion from N894 million  posted first quarter (Q1)  ended in March 31, 2016.

Profit after tax (PAT) of the company grew 56.29 percent to N5.75 billion from N1.02 billion recorded in March 31, 2016.

Revenue also to N64.85 billion in the H1 period ended June 30, 2017 from N26.44 billion declared in March 31, 2016, Dangote Flour said in a filing with the Nigerian Stock Exchange (NSE).

 

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