Full Year 2021 Financial Highlights
● Revenue grew by 36% to N109.5 billion
● Operating Profit increased by 39% to N7.6 billion
● Recorded Gross Profit Margin of 14.3%
● Profit after Tax (PAT) increased by 73%
● Recorded Earnings per share of 14.2 kobo
● Proposed dividend of 7 kobo per share up 75%
Leading foods manufacturer, Honeywell Flour Mills Plc. (HFMP) on Fiday (May 28, 2021) announced its audited results for the year ended March 31, 2021.
The company recorded an all-time high revenue of N109.5 billion, an increase of 36% over N80.4…