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Northern Nigeria Flour Mills Plc (Nigeria)

Main Activities: Flour Milling
Full name: Northern Nigeria Flour Mills Plc Profile Updated: August 09, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

Northern Nigerian Flour Mills (NNFM), the first flour milling company in Northern Nigeria was incorporated on 29th October 1972 and commenced milling and commercial operations in November 1975. Apart from being a majority shareholder, Flour Mills of Nigeria Plc, gave significant take-off advances to NNFM by providing financial backing and know-how transfer. With a current milling capacity of 1,750 mt per day, NNFM is a leading mill in the North, producing premium quality Golden Penny Flour and Golden Penny Semovita.

Headquarters
15, Maimalari Road, Bompai Industrial Estate, P.O.Box 6640
Kano; Kano;

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Website: http://www.fmnplc.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1971
Key Executives
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Chairman
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Vice Chairman
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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53%
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32.6%
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7.27%
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0.34%
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0.13%
Company Performance
Financial values in the chart are available after Northern Nigeria Flour Mills Plc report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency NGN. Absolute financial data is included in the purchased report.
Net sales revenue
46.48%
Total operating revenue
46.65%
Operating profit (EBIT)
-16.92%
EBITDA
-16.52%
Net Profit (Loss) for the Period
-19.65%
Total assets
29.65%
Total equity
19.73%
Operating Profit Margin (ROS)
-3.16%
Net Profit Margin
-3.2%
Return on Equity (ROE)
-2.03%
Quick Ratio
0.08%
Cash Ratio
0.23%

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