South African food company Tiger Brands has agreed to buy a Kenyan milling and confectionery firm for $25 million, the Business Day newspaper reported on Tuesday, citing a company executive. The Johannesburg-based maker of bread and breakfast cereal will acquire flour milling company Rafiki Mills, corporate affairs group executive Alex […]
Tag: Dangote Flour Mills
Dangote Flour Mills Changes Financial Year
By InvestAdvocate Lagos (INVESTADVOCATE)-Dangote Flour Mills Plc has announced the change in its financial year end. This is contained in a notice from the firm to the Nigerian Stock Exchange (NSE) and made available to InvestAdvocate in Lagos Nigeria. Dangote Flour Mills said that it has changed its financial year […]
Dangote Flour Posts N2.29 billion Loss in Half Year 2013
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Dangote Flour Mills Plc (DANGFLOUR) Wednesday posted a N2.299 billion loss in its half year report for the period ended June 30 2013. To record the loss, profit after tax (PAT) of the company went from a negative of N464.352 million in the half year […]