Northern Nigeria Flour Mills Plc has launched its annual report for the {financial} yr ended 31 March 2025, reporting a pre-tax revenue of N2.8 billion.
This displays a 25.16% improve from the N2.3 billion recorded within the earlier yr, largely pushed by larger income.
Income for the yr rose to N35.3 billion, marking a 36.38% improve from the N25.9 billion posted in 2024.
Value of gross sales rose to N30.2 billion, up 35.03% from N22.3 billion final yr. Even with rising gross sales prices, gross revenue elevated from N3.5 billion to N5.1 billion.
The corporate reported ‘different working earnings’ of N138.3 million, up 203.74% from the earlier yr, pushed primarily by freight recoveries and varied earnings.
Working bills additionally grew in the course of the yr, with basic and administrative prices rising by 116.49% to N2.09 billion.
Additionally favorably, finance prices decreased from N21.6 million to N12.7 million, serving to ease strain on the underside line.
As of market shut on 2nd June 2025, shares of the corporate have been priced at N138.90, with a year-to-date efficiency of 216.40%.
