Building on the momentum gained in the first-quarter (year-end is March), Flour Mill of Nigeria Plc. (FLOURMILL) reported yet another record-breaking performance in its recently released Q2:2021 financial scorecard. The company generated NGN200.53bn in Q2:2021 standalone ( July – September 2020) – heads and shoulders above the previous quarter’s NGN154.58bn (a revenue highpoint as we called it in our Q1:2021 Earnings Update). This brought total revenue for the first half of the year to NGN355.11bn, 31.15% higher than the NGN270.76bn generated in the corresponding H1:2020 period.
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