Flour Mills of Nigeria Plc released its unaudited financial results for the first quarter of the year ending 30th of June, 2021.
- Revenue for the period was N233.7 billion. (+51.2% YoY)
- Cost of sales was N208 billion. (+61.2% YoY)
- Administrative expenses totalled N6.6 billion. (+34.2% YoY)
- An operating profit of N11.5 billion was declared.
- Profit for the period was N5.45 billion. (+9.6% YoY)
- Earnings per share of N1.17 Vs N1.07 YoY.
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