30
JanCadbury Nigeria Plc has declared a loss after tax of N10.43 billion for the 12-month period ended December 31, 2024, despite a significant increase in revenue. Key Financial Highlights: Analysis & Outlook: While Cadbury Nigeria saw substantial revenue growth, persistent losses highlight ongoing cost pressures, operational challenges, and possibly macroeconomic factors affecting profitability. The reduction in losses […]
09
DecThe National Bureau of Statistics (NBS) has reported that amount realized from Company Income Tax (CIT) for Q3 2024 was N1.77 trillion, indicating a decline of 28.20% on a quarter-on-quarter basis from N2.47 trillion in Q2 2024. Local payments received were N920.91 billion, while Foreign CIT Payment contributed N852.29 billion in Q3 2024. On a quarter-on-quarter basis,[…]
06
NovFlour Mills of Nigeria Plc has reported revenue of N1.697 trillion for the 6-month period ended 30 September 2024. This represents a growth of 75.97% from the N964.65 billion reported the previous year. Profit after tax for the 6-month period reached N14.42 billion, a significant improvement of 272% from the loss after tax of N8.38 billion reported[…]
