National Salt and Interlinked present results
May 22nd, 2008 Ugonna Maduagufor || ugonna@stockmarketnigeria.com
(by Ugonna Maduagufor)
The National Salt Company of Nigeria Plc, a company listed under the Food/Beverage and Tobbaco sector of the Nigerian Stock Exchage, recently presented her Audited Account for the year ended December 31st 2007. In summary the earnings result showed: a Profit After Tax of N1.3b as against a loss of N14.9m in year 2006 comparable period posting; a Turnover of N6.3b as against comparable periods figure of N13.4m in 2006; a Profit Before Tax of N1.8b as against a loss of N14.9m in previous year’s comparable period. The company Directors has proposed a dividend of 40 Kobo per ordinary share and a bonus share issue of 1 for 5. The closure of register is between 24th to the 27th of June, 2008.
Also Interlinked Technology Plc, a company listed under Engineering Technology sector, presented an unaudited result for her half year ended 31st December 2007. The earnngs result showed: a Profit After Tax of N20.9m as against N1.2m posted in previous year comparable period; a Turnover of N67.9m as against a previous year comparable period of N27.0m; and a Profit Before Tax of N26.4m as against a lower figure of N1.8m posted in year 2006 comparable period.
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