January 30, 2018/InvestmentOne Report

Flour Mills of Nigeria Plc. released its Q3 2018 (Year end March 2018) results on Tuesday

Please find key highlights of the Q3 2018 results below: 

·         Revenue of N129bn, down -13.65% q/q; -4.14% y/y  

·         Profit before tax of N6.03bn, down -17.28% q/q; up +303.46% y/y 

·         Profit after tax of N3.89bn, down -19.32% q/q; up +317.41% y/y 

9M 2018 

·         Revenue of N427.51bn; up +9.63% y/y  

·         Profit before tax of N19.50bn; up +89.46% y/y 

·         Profit after tax of N13.25bn; up +79.00% y/y

Click here to download full PDF copy of result