NIGERIAN BAG COMPANY PRE-TAX PROFIT DROP 8.7% Y.O.Y TO N1.3BILLION

Nigerian Bag Company BAGCO released its 9 months to December 2012 earnings report posting a revenue of N16.7billion. This represented an 8.7% drop when compared to the same period a year before. The company also posted a pre-tax profit of N1.3b compared to the N1.5billion posted a year before. The company as at the time of posting this article trades at N2.68, 78% higher than its year low (September 2012). See report below

NIGERIAN BAG MANUFACTURING CO. PLC Q3 UNAUDITED RESULTS DECEMBER 2012

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