Honeywell Flourmills on Thursday published its Audited Financial Statement for the year ended 31 March 2021. The report shows that the company achieved growth in its topline and bottom line figures year on year.
The company reported a turnover of N109.59 billion, up by 36.23% from N80.45 billion reported the previous year.
Profit after tax grew year on year by 73.08% to N1.126 billion from N650.492 million reported the previous year.
Earnings per share (EPS) of the company for the period under review increased to 14 kobo from the EPS of 8 kobo the previous year.
At the share price of N1.17, the P.E ratio of Honeywell stands at 8.24x with earnings yield of 12.13%.
The Board of Directors of the Honeywell Flourmills proposed a final dividend of 7 kobo to its shareholders. Relative to the share price of N1.17, Honeywell Flourmill has a dividend yield of 5.98%.
Can you add me to the platform where I can interact with other investors? Thank the number is 08162828909. Francis Adegoke