In the just-released financial scorecard for H1:2023 (full year-end is March), Flourmill of Nigeria Plc’s(FLOURMILL) recorded a remarkable topline performance as it grew by 37.82%YoY to NGN720.58bn (vsNGN522.82bn in H1:2022). Increased revenue across all its business units propped total revenue significantly: Food (+32.07%), Sugar (+50.59%), Agro-allied (+52.29%) and Support (+10.34%)segments. The Sugar segment recorded impressive numbers due to increased volumes.
