[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 with a Closure Date 14th – 18th September, 2015
AGM Date 24thSeptember, 2015 Payment Date 25th September, 2015AGM Venue Civic Centre, Ozumba Mbadiwe Street Victoria Island Lagos.
Source Reuters

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