[FLASH] Honeywell Reports 66% drop in profits yet propose dividend

Nigeria’s Honeywell Flourmills said on Tuesday its 2015 pretax profit fell to 1.43 billion naira ($7.19 million), down 66 percent from a year earlier. Revenue declined by 10.9 percent to 49.06 billion naira, the pasta and confectionery maker said in a filing with the Nigerian Stock Exchange. They also Proposed Dividend 5 kobo per share […]