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

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.