Honeywell reports N209m as profit in Q3 2021

Honeywell reports N209m as profit in Q3 2021
February 14, 2022  WOLE
Honeywell Flour on Friday published its Q3 report for the 9 months ended 31 December 2022.
A turnover N99.875 billion was reported for the nine months period, up by 22% from N82.125 billion reported the previous year.
Profit after tax of N209 million was reported for the period under review, down by 35% from N323 million profit reported the previous year.
Earnings per share of Honeywell dropped to 3 kobo from the EPS of 4 kobo reported the previous year.
At the share price of N3.50, the P/E ratio of Honeywell Flour stands at 132.81x with earnings yield of 0.75%.


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