Motolani Oseni At the close of yesterday trading activities on Nigerian equities market of the Nigerian Stocks Exchange (NSE), trading remains on a bearish trend with the All-Share Index (ASI) shed 219.35 points or 0.74 per cent to close at 29,521.06 compared to 29,740.41 recorded on Friday.
Months after its re-acquisition from Tiger Branded Consumers Goods, Dangote Flour Mills have returned to profitability, posting a profit before tax (PBT) of N2.64 billion in the half year ended June 30, 2016, compared to a loss of N9.55 billion posted at the corresponding period in 2015. Dangote Flour Mills consists of Dangote Flour, Dangote Pasta, and Dangote Noodles.
Months after its re-acquisition from Tiger Branded Consumers Goods, Dangote Flour Mills have returned to profitability, posting a profit before tax (PBT) of N2.64 billion in the half year ended June 30, 2016, compared to a loss of N9.55 billion posted at the corresponding period in 2015. Dangote Flour Mills consist of Dangote Flour, Dangote Pasta, and Dangote Noodles.