Tuesday, January 23, 2018 7:18:24 AM- Nigerian Stock Exchange.

  DANGFLOUR shares up on Q2 results


Top line sales grew 144% to N 64.8 billion in first six months of 2017 up from N 26.4 billion during the same period of last year.

Gross profit rose by 225% to N 15.27 billion.

Profit after tax rose 463% to N 5.7 billion in H1 2017 from N 1.02 billion in H1 2016.

However majority of gains in top line came from growth in the flour segment, growth in the pasta segment was not as impressive and noodles sales declined in the period. 

We should expect the stoct to respond more tomorrow.
reporting for easykobo.com on Thursday, July 27 2017 from Lagos, Nigeria

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