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Home Business News

Livestock Feeds Plc revenue drops to ₦10 billion in 2017

Fikayo Owoeye by Fikayo Owoeye
March 30, 2018
in Business News, Company News
Livestock Feeds Plc revenue drops to ₦10 billion in 2017
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Livestock Feeds Plc has released its financial statements for the year ended December 2017. Revenue dropped from ₦11.1 billion in 2016 to ₦10.2 billion in 2017.

The company made a loss before tax of ₦725 million in 2017 as against a profit before tax of ₦223 million in 2016.

 

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Livestock Feeds Plc was incorporated on 20th March,1963 and commenced business on 20th May, 1963.

The Company was quoted on the Nigerian Stock Exchange in 1978. The Company is engaged principally in the manufacturing and marketing of animal feeds and concentrates.

Here is a copy of the result

 


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Tags: 2017 full financial statementsLivestock Feeds Plc
Fikayo Owoeye

Fikayo Owoeye

Fikayo has a degree in computer science with economics from Obafemi Awolowo University. ITIL v3 in IT service management. An alumnus of Daystar Leadership Academy. Prior to joining Nairametrics had stinct in Project management, Telecommunications among others. Also training in Consulting and Investment banking from Edubridge Academy. He has very keen interest in Politics, Agri-business, private equity and global economics. He loves travelling and watching football. You can contact him via fikayo.owoeye@nairametrics.com

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