PZ Cussons Foundation plc, One of the conglomerate sector listed companies on the First tier class of the Nigerian Stock Exchange recently presented its fully audited result for the year ended 31st May 2008 to the Market. The Directors included a 62 kobo dividend proposal to be paid on the 11th of September 2008, while the closure date for qualifing holders is from 25th to 29th of August 2008. The improved end of financial year result featured:
A Turnover figure of N65.945 billion as against a previous year 2007 comparable periods posting of N54.216 billion; An Exceptional Item inflow of N900 million was recorded for the reported financial year 2008; a Profit Before Taxation of N5.980 billion as against previous comparable periods N5.355 billion; a Profit After Tax of N3.950 billion as against a previous year comparable period of N3.512 billon.

IPWA PLC in same vein proposed a 2 Kobo dividend in its recently presented result to the Nigerian Stock Exchange being for its Financial year ended 31st December 2007. The Register closure date for the dividend is from 25th August to 29th August 2008, while the payment date is scheduled for the 22nd of Septmber 2008. Other features of the result includes: a Turnover figure of N485.671 million as against a corresponding previous year comparable periods N303.920 million; a Profit After Taxation of N73.611 million as against a previous loss position of N49.230 million (negative); and a Profit After Tax position of N68.518 million as against a previous year comparable period loss of N50.187 million.

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