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Flour Mills released its financial results for six months ended September 2015.
The result showed that revenue increased by 7.27% from N165 billion in Q2’2014 to N177 billion in Q2’2015.
Pre-tax Profit also rose by 317% from N.7 billion in Q2’2014 toN24 billion in Q2’2015.
See Summary of result below..
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| FLOUR MILLS OF NIGERIA PLC Q2 2015 | 2015 | 2014 | % Change |
| N’m | N’m | ||
| Revenue | 177,582 | 165,540 | 7.27% |
| Gross Profit | 18,229 | 17,484 | 4.26% |
| Operating Expenses | -7,779 | -7,712 | 0.87% |
| Pre-tax profits | 24,109 | 5,773 | 317.62% |
| Profit After Tax | 24,019 | 4,368 | 449.89% |
| Share Price (As at Press time) | N22.00 |
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