Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
Nairametrics
No Result
View All Result
Home Markets Equities Company Results

H1 2018 Results: Dangote Flour Mills Plc posts 43% decline in profits

mudeerat olawunmi by mudeerat olawunmi
August 2, 2018
in Company Results, Markets, Stock Market
Dangote Flour Mills records ₦125 billion as FY 2017 revenue

Dangote FLour Mills

Share on FacebookShare on TwitterShare on Linkedin

Dangote Flour Mills Plc recently released its H1 2018 financial statements for the year ended 30 June 2018.

Here are the key highlights of the reports

Revenue

The company reported revenue of ₦56.39 billion for the period ended June 2018 compared to ₦64.86 billion reported for the period ended June 2017. This represents 13% decline.

RelatedPosts

Meet Tami, the Nigerian teen with admission offers from 5 Ivy colleges, 9 others

Massive shakeup in Dangote Flour as key Board members resign, appoints new ones

Profit Before Tax

Profit before tax was ₦4.40 billion for the period ended June 2018, a 50% drop compared to profit of ₦8.80 billion reported for the period ended June 2017.

Profit After Tax

The company’s profit after tax for the half year ended 30th June 2018 was ₦3.25 billion, a 43% decline from a profit of ₦5.75 billion recorded in H1 2017.

Earnings Per Share

Dangote Flour Mills Plc, however, reported earnings per share of 65 kobo for the period ended June 2018 as against earnings of 116 kobo reported for the comparative period in 2017.

Current Share Price

Dangote Flour Mills Plc stock closed today at N8.55, down 2.84%.

DOWNLOAD DANGOTE FLOUR MILLS PLC H1 2018 RESULTS

Related

Tags: 2018 Half Year ResultsDangote Flour Mills Plc

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Mega Millions
Hot forex
Cornerstone
Polaris Bank
Access Bank
Bankers Committee
First bank


FCMB




    Business News | Stock Market | Money Market | Cryptos | Financial Literacy | SME |

    Recent News

    • Top Five Creative-Themed Restaurants in Nigeria
    • Microsoft raises alarm over new Android malware ‘toll fraud’
    • Celsius cuts 150 jobs amid restructuring exercise

    Follow us on social media:

    Recent News

    Top Five Creative-Themed Restaurants in Nigeria

    Top Five Creative-Themed Restaurants in Nigeria

    July 4, 2022
    Microsoft office

    Microsoft raises alarm over new Android malware ‘toll fraud’

    July 4, 2022
    • ABOUT US
    • CONTACT US
    • PRODUCTS
    • ANDROID APP
    • iOS APP
    • DISCLAIMER
    • CAREERS
    • PRIVACY POLICY

    © 2022 Nairametrics

    No Result
    View All Result
    • Home
    • Exclusives
      • Financial Analysis
      • Corporate Stories
      • Interviews
      • Investigations
      • Metrics
    • Markets
      • Cryptos
      • Commodities
      • Equities
        • Dividends
        • Stock Market
      • Fixed Income
      • Market Views
      • Securities
    • Industries
      • Company News
      • Consumer Goods
      • Content Partners
      • Corporate deals
      • Corporate Press Releases
      • Energy
      • Entertainment
      • Financial Services
      • Hospitality & Travel
      • Manufacturing
      • Real Estate and Construction
      • Tech News
    • Economy
      • Get Data
      • Macro-Economic News
      • Research Analysis
    • Business News
    • Financial Literacy
      • Career tips
      • Personal Finance
    • Lifestyle
      • Billionaire Watch
      • Profiles
    • Opinions
      • Blurb
      • Op-Eds

    © 2022 Nairametrics

    Social Media Auto Publish Powered By : XYZScripts.com