INCOME STATEMENT

Annual Income Statement dated 31 dec 2017


N’000

Revenue

288,062,650

Cost of sales

(258,766,772)

Gross profit

29,295,878

Administrative expense

(18,243,602)

Selling and distribution cost

(2,719,209)

Other Income

3,936,147

Operating profit

12,269,214

Finance income

2,589,877

Finance cost

(3,063,808)

Profit before Tax

11,795,283

Taxation

(3,775,985)

Profit for the period

8,019,298

total comprehensive income

8,019,298

Basic earnings per share

23.62

 
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