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Home Business News

[Corporate Action] Tiger Brand Consumer Goods Records N12.6bn Loss

Editor by Editor
December 23, 2015
in Business News
After Writing Off $66 Million, Tiger Brands Is Finally Abandoning Dangote Flour Mills
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Tiger Brand Consumer Goods released its Full Year results ended Sept 30 2015.

The result showed that revenue rose by 16.4% from N41.2 billion in 2014 to N48 billion in 2015.

Gross Profit also rose by 39.15% from N3.2 billion in 2014 to N4.4 billion in 2015.

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The company’s loss before tax however increased by 34% from N9.2 billion in 2014 to N12.4 billion in 2015

See Summary of result below..

TIGER BRAND PLC FY 201520152014% Change
N’mN’m
Revenue48,02641,26816.38%
Gross Profit4,4683,21139.15%
Operating Expenses-8,917-7,99311.56%
Loss Before Tax-12,466-9,28534.26%
Loss After Tax-12,679-6,109107.55%
Share Price (As at Press time) N1.87

DOWNLOAD RESULT

Editor

Editor

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