Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
Nairametrics
No Result
View All Result

NIGERIAN BAG MANUFACTURING COMPANY – Q1 2012 RESULTS

Nairametrics by Nairametrics
October 7, 2012
in Uncategorized
Share on FacebookShare on TwitterShare on Linkedin

 

Nigerian Bag Manufacturing (BAGCO) is a subsidiary of Flour Mills of Nigeria Plc. The company represents a group including Northern Bag Co. Ltd(Kano) and BAGCO-MOPRACK Nig, Ltd. The company released its Q1 2012 Unaudited Financials with revenue dropping 8.5% to N5.4billion from the N5.9b posted in the same period last year. Despite this the company was still able to reign in on cost as Gross Profit Margin increased 15.8% to N1.8b. Consequently, the company posted an improved operational profit of N1billion for the quarter. Whilst this result is initially commendable one must worry about the dip in revenues for the first quarter of this year. Break down of the company’s results are analyzed below;

RelatedPosts

Kwankwaso explains why he cannot be running mate to Peter Obi

The operators that determine Nigeria’s black market exchange rate

BAGCO’s Q1 Unaudited Accounts is featured on the website of the NSE

Related

Tags: ANALYSISCOMPANY RESULTSEARNINGS REPORTManufacturingNigerian Company ResultsRESULTSSTOCKS

Comments 1

  1. resourcedat says:
    October 7, 2012 at 11:17 am

    NIGERIAN BAG MANUFACTURING COMPANY – Q1 2012 RESULTS http://t.co/OWBePRPF

    Reply

Leave a Reply Cancel reply

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

Mega Millions
Hot forex
Cornerstone
Polaris Bank
Access Bank
Bankers Committee
First bank


FCMB




    Business News | Stock Market | Money Market | Cryptos | Financial Literacy | SME |

    Recent News

    • Kwankwaso explains why he cannot be running mate to Peter Obi
    • The operators that determine Nigeria’s black market exchange rate
    • KongaPay at House of Lords, London, signs historic partnership with Bibimoney

    Follow us on social media:

    Recent News

    Kwankwaso explains why he cannot be running mate to Peter Obi

    Kwankwaso explains why he cannot be running mate to Peter Obi

    July 4, 2022
    Relationship between inflation and the unending devaluation of the Naira

    The operators that determine Nigeria’s black market exchange rate

    July 4, 2022
    • ABOUT US
    • CONTACT US
    • PRODUCTS
    • ANDROID APP
    • iOS APP
    • DISCLAIMER
    • CAREERS
    • PRIVACY POLICY

    © 2022 Nairametrics

    No Result
    View All Result
    • Home
    • Exclusives
      • Financial Analysis
      • Corporate Stories
      • Interviews
      • Investigations
      • Metrics
    • Markets
      • Cryptos
      • Commodities
      • Equities
        • Dividends
        • Stock Market
      • Fixed Income
      • Market Views
      • Securities
    • Industries
      • Company News
      • Consumer Goods
      • Content Partners
      • Corporate deals
      • Corporate Press Releases
      • Energy
      • Entertainment
      • Financial Services
      • Hospitality & Travel
      • Manufacturing
      • Real Estate and Construction
      • Tech News
    • Economy
      • Get Data
      • Macro-Economic News
      • Research Analysis
    • Business News
    • Financial Literacy
      • Career tips
      • Personal Finance
    • Lifestyle
      • Billionaire Watch
      • Profiles
    • Opinions
      • Blurb
      • Op-Eds

    © 2022 Nairametrics

    Social Media Auto Publish Powered By : XYZScripts.com