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[Corporate Action] Honeywell Flour Records 32% Drop In Pre-tax Profits Q1 2015

Editor by Editor
August 31, 2015
in Uncategorized
[Corporate Action] Honeywell Flour Records 32% Drop In Pre-tax Profits Q1 2015
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Honeywell Flour Mills released its results for the 3months ended June 2015. The result showed a 32.65% drop in profits from N585million in 2014 to N394million in 2015. See summary of result below..

Honeywell Flour 3 Months EndedJun-15Jun-14% Change
N’mN’m
Revenue12,79713,191-2.99%
Gross Profit2,3132,2552.57%
Operating Expenses-1,728-1,56910.13%
Pre-tax profits394585-32.65%
Profit After Tax283462-38.74%
Current Share Price2.33

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