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Home Industries Company News

[Corporate Action] NASCON Plc Posts 2.8% Rise In Profits to N1.6 billion

Research Team by Research Team
November 3, 2015
in Company News
More pain for Dangote as NASCON post 31% drop in 2014 earnings per share
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NASCON Allied Industries Plc released its financial results for the period ended 30 September 2015.

The result showed that revenue rose by 24.72% from N8.1 billion in 2014 to N10.1 billion in 2015.

Gross Profits also rose by 9.40% from N2.9 billion in 2014 to N3.2 billion in 2015.

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See Summary of result below..

NASCON ALLIED IND PLC Q3 2015 2015 2014 % Change
N’m N’m
Revenue 10,192 8,172 24.72%
Gross Profit 3,237 2,959 9.40%
Operating Expenses -960 -700 37.14%
Pre-tax profits 2,380 2,343 1.58%
Profit After Tax 1,618 1,573 2.86%
Share Price (As at Press time)

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