Vitafoam Nigeria Plc declared N1.11 billion profit after tax in Q1 2021, 35.72% higher than 2019 figures
Vitafoam Nigeria has proposed a total final dividend of N875.59 million to be distributed to the shareholders of the company.
Vitafoam Nigeria Plc profit revealed 72.10% increase when compared with the N2.39 billion reported in the corresponding period of 2019.
Earlier today, Vitafoam Nigeria plc announced the commencement of a closed period on the trading of its shares, starting from today April 15th.
Stock market Investors lost N305.99 billion on Friday, being the fifth consecutive loss recorded this week.
Vitafoam Nigeria Plc hit a 5-year high on the Nigerian Stock Exchange, this week. The stock closed at N5 in Tuesday’s trading session.
Vitafoam Nigeria Plc posts improved profit and is set to pay a dividend of N525 million for the year ended September 30 2019.
McNichols Plc was the worst performing stock on the @nsecontact declining by 18.18% to close at a year low of N0.45.
@neminsuranceplc was the worst performing stock this week declining by 13.14% to close at N2.05
Thomas Wyatt Plc was the best performing stock on the @nsecontact for the second week running, appreciating by 29.03%.