Interlinked Technologies plc releases results, as Goldlink Insurance plc proposes 5 kobo dividend.
March 31st, 2008 Ikechukwu Emelike || ikechukwu@stockmarketnigeria.com
By Ikechukwu Emelike
Recently listed Goldlink insurance plc has released it full year result for the period ended 31 December 2007 to the floor of the Nigerian Stock Exchange. Highlights of the results shows that the result were impressive as the company was able to increase its turnover for the period by 15 percent from N2.0 billion in 2006 to N2.3 billion in 2007.
Profit before tax grew by 14.5 percent from N0.58 billion in 2006 to N0.66 billion in 2007. After tax profit for the period appreciated by 15 percent from N0.51 billion in 2006 to N0.59 billion in 2007. The company has proposed a dividend payout of 5 kobo per ordinary share.
Interlinked Technologies plc
Interlinked Technologies also released it full year results to the floor of the Nigerian Stock Exchange. The result appears bad as the company’s turnover for the period dropped by 39.2 percent from N126.6 million in 2006 to N77.0 million in 2007. Profit before tax fell by 187.4 percent from N9.1 million in 2006 to N8.0 million in 2007.
After tax profit also depreciated by 124.6 percent from N8.1 million in 2006 to N1.9 million in 2007.
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