Monday, 8 September 2008

1ST QTR RESULTS FLOURMILLS PLC.

Flourmill Plc also released its un-audited results for first quarter ended 30th June, 2008. Turnover grew by 59.06% to N36.979 billion, while PAT increased by 33.20% to N1.950 billion and PAT increased by 33.17% to N1.365 billion. In spite of the good earnings reported by the two companies, their share price closed flat. This might be due to the current mood in the market for Linkage Assurance and low traded for Flourmill.

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