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Home Markets Equities Company Results

2021 Half-Year Results: Livestock Feeds Plc records a 258% increase in profit to N337.9 million.

Chidi Emenike by Chidi Emenike
July 26, 2021
in Company Results, Consumer Goods, Markets
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Livestock Feeds Plc released its unaudited financial statements for the period ended 30th of June, 2021.

  • Revenue for the period was N7 billion. (+42.3% YoY)
  • Cost of sales was N6.2 billion. (+40.4% YoY)
  • Operating profit was N479.5 million. (+117.3% YoY)
  • Administrative expenses totalled N224.9 million. (+27.8% YoY)
  • Profit after tax was N337.9 million. (+258.2% YoY)
  • Earnings per share of 11.3kobo Vs 3.1kobo YoY.
  • Total assets for the period worth N5.83 billion.

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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