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Honeywell Flour Posts Marginal Profit Growth on High Financing Cost

Posted by InstinctBusiness - July 4, 2018

The jump of 64 per cent in financing cost affected the profitability of Honeywell Flour Mills Plc (HFMP) for the year ended March 31, 2018. Although the company recorded a growth of 34 per cent in revenue, it ended the year with a marginal growth of 2.8 per cent in profit after tax. However, the

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News

  • Absa Group 2022 interim earnings increase 27%; demonstrate continued strong recovery
  • FBNBank Ghana delivers on promise to focus on youth
  • Landwey Investment set to deliver 2,000 home units to Nigerians in three years
  • How the Central Bank’s increased repo rate will tame soaring inflation
  • Staco Insurance appoints Wale Banmore as new CEO

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