Tag Archives: Flour Mills

Flour Mills Of Nigeria PLC Joins Other Corporates To Float Bond On FMDQ Exchange Platform In 2021

Coming shortly on the heels of the recent Commercial Paper (“CP”) Issuances by Total Nigeria PLC, Valency Agro Nig. Ltd. and Mixta Real Estate PLC, FMDQ Securities Exchange Limited (“FMDQ Exchange” or “the Exchange”), following the due diligence of its Board Listings and Markets Committee has approved the Listing of the Flour Mills of Nigeria PLC (“FMN” or “Flour Mills”) ₦4.89 billion Series 4 Tranche A and ₦25.00 billion Series 4 Tranche B Fixed Rate Bonds under its ₦70.00 billion Bond Issuance Programme on its platform.

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Shareholders Approve Flour Mills Business Restructuring

Shareholders of Flour Mills Nigeria Plc on Wednesday March 6, 2019, at a Court Ordered Meeting in Lagos, approved the board of directors’ request to restructure the company business. With the shareholders’ approval, Golden Fertilizer Company Limited will be spun off from Flour Mills Nigeria

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Flour Mill First Quarter Revenue Drops By 10.70 Percent

Flourmills Nigeria Plc has opened its first quarter report for the period ended June 30, 2018 on a negative note as the company revenue for the period went down by 10.70 percent. The company was not able to sustain its profit before tax and profit for the period level. A breakdown of the unaudited financial statement shows that revenue moved …

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Q4: Flour Mills suffers N8.3bn pre-tax loss as dividend payout drops 52%  

FRIDAY EKEOBA The downturn in the domestic economy activities might have started to take its toll on the manufacturing sector as Flour Mills in its fourth quarter result announcement According to FBN Research, there is the likelihood that the flour going concern will review downward its consensus forecast profit-before-tax for 2017. In a filling to the Nigerian Stock Exchange during …

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