Earnings Watch: Bagco Releases Refreshing 1st quarter 2012 Results
Nigerian Bags Manufacturing Company Plc or Bagco Plc has announced its 1st quarter 2012 results on the Nigerian Stock Exchange.
Turnover was up 25% to N 3.5 Billion from N 2.8 Billion over the same period last year, as an indicator of strong demand for its products.
Profit Before Tax swelled by 47% to N 449 Million from n 303 Million over the same period.
Similarly Net Income was up 47% to close the quarter at N 305 million from N 206 Million over the same period in the preceding year.
The Company’s stock price is N 1.42, down 34% from year onset levels.
-
FCMB Bank (UK) Limited Launches Personal and Business Banking Proposition to Deepen InclusivenessFCMB Bank (UK) Limited, an independently incorporated subsidiary of...
- August 1, 2018
-
The Worrisome Trend of Sensational Social Media “Journalism” and the Impact On Legitimate Business Concerns: Recent Travails of FCMB, GTBank and First BankOn June 25, 2018 I woke up to yet...
- June 26, 2018
-
Azman Air commences flight operation in SokotoAzman Air Thursday commenced flight operation to Sokoto state....
- February 21, 2015
-
NRC increases Lagos goods trains, eyes fuel haulageThe Nigerian Railway Corporation says it has increased its...
- June 23, 2016
Nigeria News
- Ligue 1: Lyon handed provisional Ligue 2 relegation, transfer ban
- Oyo traditional ruler, Olugbon loses mother
- Bottled up emotions: Nigerian men battle ‘depression’ amid economic hardship
- Anxiety, tension as 1.7 million voters elect new governor in Ondo
- Trailer crushes mother, two daughters to death in Ogbomoso [PHOTO]