NIGERIA | Earnings Flash | DANGFLOUR | 30-Oct-2017 | Elixir Research

dangote flour

30 Oct NIGERIA | Earnings Flash | DANGFLOUR | 30-Oct-2017 | Elixir Research

Dear Valued Investor,
Dangote Flour Mills Plc today made public its Q3-2017 result. The numbers showed triple-digits year-on-yearly (y/y) growth across key indicators.

Below are key highlights of the result:

For the 9-month 2017 (y/y) performance
• Revenue of ₦100.27 billion: up +101.17% y/y
• Profit before tax of ₦18.00 billion: up +581.26% y/y
• Profit after tax of ₦13.05 billion: up +359.21% y/y
For the quarter/quarter (q/q) performance
• Revenue of ₦35.42 billion, down -1.08%
• Profit before tax of ₦9.21 billion, up +91.37%
• Profit after tax of ₦7.30 billion, up +131.36%

Warm Regards,