Honeywell Archives - National Wire

Honeywell Flour Sagamu Factory To Commence Production, October 2018 … Shareholders Gets 6 kobo Dividend

September 22, 2018 0

The board of directors of Honeywell Flour Mills Plc said its Sagamu factory will commence commercial production in October this year. Chairman of the company chief Oba Otudeko disclosed this on Thursday September 20, 2018, at the 9th Annual General Meeting (AGM) in Lagos. Just as shareholders approved a dividend payment of 6 kobo for every 50 kobo ordinary share, amounting to …

Honeywell Flour Posts Marginal Profit Growth On High Financing Cost

July 4, 2018 0

The jump of 64 per cent in financing cost affected the profitability of Honeywell Flour Mills Plc(HFMP) for the year ended March 31, 2018. Although the company recorded a growth of 34 per cent in revenue, it ended the year with a marginal growth of 2.8 per cent in profit after tax. However, the board of directors recommended a dividend …