Amidst coranavirous recovery in the country, the
According to the audited result sent to the
Other financial indicators show that cost of sales rose significantly by 37.9 per cent toN198.74billion in the period under review in 2021 from N144.1 billion in 2020 while marketing, distribution, and administration expenses also grew by 27,2 per cent to N86.32 billion in 2021 from N67.86 billion in 2020.
The board of directors of the Company has approved an interim dividend of N3.23billion payable to shareholders at 40kobo each per ordinary share.
A statement signed by the Company Secretary/Legal Director,
Agbebaku explained that the company would continue to deploy cost-efficient measures to keep the balance sheet strong and healthy while ensuring that the health, safety and welfare of its employees, customers and partners are protected.
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