19/4/2016/CBN The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has again assured genuine investors in Nigeria of the Bank’s cooperation and intervention towards self-sufficiency in local production of essential goods and the economic diversification drive. Mr. Emefiele made the pledge during the facility tour of the […]
Tag: Flour Mills of Nigeria Plc
Flour Mills Reports N19.79 Billion 9-Months Pretax Profit
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 […]
Flour Mills Plc FY 2012 Earnings Update
Flour Mills of Nigeria Plc recently released its audited financial results for the year ended 31 March 2012. Turnover grew by 8.2% from the N238.8bn reported for FY 2011 to N258.3bn. The companies cost profile remained high in the year under review, as direct costs increased by 10.1% year-on-year to […]