Northern Nigeria Flour Mills Plc reported earnings results for the second quarter and six months ended September 30, 2022. For the second quarter, the company reported sales was NGN 3,849.25 million compared to NGN 4,447.51 million a year ago. Net income was NGN 28.13 million compared to NGN 90.89 million a year ago. Basic earnings per share from continuing operations was NGN 0.16 compared to NGN 0.51 a year ago.
For the six months, sales was NGN 8,240.11 million compared to NGN 8,011 million a year ago. Net income was NGN 196.7 million compared to NGN 173.74 million a year ago. Basic earnings per share from continuing operations was NGN 1.1 compared to NGN 0.97 a year ago.