May 31, 2022/CSL Research Kindly click here to download the report. Key Performance Highlights: Flour Mills recorded an impressive 50.8% YoY increase in revenue to N1163.8 billion in FY22, driven by robust growth across the majority of the segments via continuous product innovation and improved capacity utilization. All the reporting […]
Results & Dividends
Abbey Mortgage Bank Rebounds, Reports N622 Million Profit in 2021
May 31, 2022/P+ Measurement Services Abbey Mortgage Bank Plc has reported an impressive performance for the year 2021. During the year the bank had a rebound in its result, recording a N622 million profit from a loss of N4.3 billion in the previous year. The year 2021 was indeed a […]
Flour Mills of Nigeria Plc Q4-22 & 2022FY: Revenue Hits One trillion Mark; Margin Compression Still Worrisome
May 31, 2022/Cordros Report Flour Mills of Nigeria Plc (FLOURMILL) released its 2022FY audited results yesterday, reporting a growth of 8.2% y/y in Q4-22 standalone PAT with accompanying EPS of NGN2.68 (Q4-21: NGN2.47), bringing 2022FY EPS to NGN6.83 (2021FY EPS: NGN6.27). FLOURMILL’s board proposed a dividend of NGN2.15/s, implying a […]
