BUSINESS

Flour Mills of Nigeria Grows Profit By 5% To N39.22b In 2022

 

Flour Mills of Nigeria Plc has released its audited annual report for the year ended 31 March 2022 with 5% growth in profit after tax to N39.216 billion from N37.285 billion in 2021.

NewsBeatng reports that revenue for the year jumped by 51% to N1.164 trillion from N771.608 billion in 2021

Meanwhile, the company has declared a dividend of N8.82 billion which amounted to N2.15 per share up from N6.77 billion at N1.65 per share in 2021.

 

ALSO READ  NEM Insurance Okays Dividend Payment Of N0.22 Kobo For Ordinary Share

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button