Nigeria: Honeywell Flour Mills Records N1.7 Billion Profit in Q3

20 February 2013

Honeywell Flour Mills Plc has recorded a turnover of N33 billion for nine months ended December 31, 2012, showing an increase of 18 per cent above the N27.9 billion recorded in the corresponding period of 2011.

The company said despite operating in an increasingly tough economic environment occasioned by significant input cost pressure, Honeywell Flour posted profit after tax of N1.719 billion, compared with N1.714 billion in 2011.

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