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Home Markets Equities Company Results

Honeywell FlourMills Plc reports revenue of N34.85 million in second quarter result

Chidinma Anyalewechi by Chidinma Anyalewechi
October 27, 2021
in Company Results, Markets
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August 17, 2021

Honeywell FlourMills Plc released its unaudited financial results for the second quarter of the year ended 30th of September 2021.

  • Revenue during the period was N34.85 billion. (+14.21% YoY)
  • Cost of sales stood at N31.88 billion. (+22.79% YoY)
  • Gross profit for the period was N2.97 billion. (-34.69% YoY)
  • Operating profit of N1.65 billion was recorded. (-15.31% YoY)
  • Net finance expense of N1.35 billion was recorded during the period.
  • Profit for the period stood at N203 million (+27.67%)
  • Total assets during the period stood at N166.76 billion. (+19.37 Bn YtD)
  • Earnings per share of 2.56 kobo Vs 2.01 kobo YoY.

See full result here

Tags: Honeywell Flourmills Plc
Chidinma Anyalewechi

Chidinma Anyalewechi

For further inquiries about this article, contact: Email: chidinma.anyalewechi@nairametrics.com LinkedIn: linkedin.com/in/chidinma-anyalewechi-a323ab173/

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