[Corporate Action] Vitafoam Records 31% Drop In Profits to N521m In 9months
Vitafoam released its results for the 9 months ended 30th June 2015. The result showed revenue rose marginally by 4% from N13,343 in 2014 to N13,842 in 2015. However pre-tax profits dropped by 31% from N754 million in 2014 to N521 million in 2015.
See Summary of result below…
|Vitafoam 9 months||N’m||N’m|
|Profit After Tax||335||457||-27%|
|Current Share Price||N5.88|