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Home Sectors Consumer Goods

Livestock Feeds Plc Profit after tax surge by over 300% to N176.54 million in Q1 2021.

Chidi Emenike by Chidi Emenike
April 28, 2021
in Consumer Goods
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Livestock Feeds Plc released its unaudited results for the first quarter of the year (Q1, 2021).

  • Revenue from contracts with customers was N3.35 billion. (+36% YoY)
  • Cost of sales was N2.95 billion. (+32.5% YoY)
  • Administrative expenses totalled N104.2 million. (+28.4% YoY)
  • Operating profit of N245.9 million. (+138.6% YoY)
  • Profit after tax was N176.54 million. (+335.9% YoY)
  • Earnings per share 6kobo Vs 1kobo YoY.

See link to results.

Tags: Company Financial ResultsLivestock Feeds Plc
Chidi Emenike

Chidi Emenike

Chidi Emenike is a graduate of economics, a Young African Leadership Initiative Fellow and an Investment Foundations certificate holder. He worked as a graduate Teaching Assistant in the Federal College of Education Kano and is also a trained National Peer Group Educator on Financial Inclusion

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