The company has been quoted since 2009 with 33,273 shareholders and 832 employees.
Below is a break down of it’s performance:
- Revenue for the period was N109.59 billion. (+36.23% YoY)
- Cost of sales was N93.97 billion. (+41.1% YoY)
- General administrative expenses of N2.57 billion. (+3.4% YoY)
- Operating profit was N7.65 billion. (+39.1% YoY)
- Profit after tax was N1.13 billion. (+73.1% YoY)
- A dividend of 7 kobo was proposed by the Board. (+75% YoY)
The company did a total sales of N108b as at 31st March 2021, up from N80b it did as at same period in 2020.
Sales went up 36% from last year, up 51% from 2017. This it achieved with all sales done in Nigeria as it does not export
Overall, Sales trend positive, especially considering recession and falling household purchasing power
