May & Baker Plc - Page 4

MalamImam · #61 (**permalink**) 19th May 2011, 01:57 AM

baotoghile · #62 (**permalink**) 19th May 2011, 04:51 PM

19 May 2011
Unaudited Q1 (March) 2011
Profit and Loss Information
Turnover 11 N957.309m 10 N856.684m
Cost Of Sales 11 (N561.064m) 10 (N489.333m)
Profit Before Tax 11 (N34.329m) 10 (N32.918m)
Taxation 11 (N10.985m) 10 (N10.534m)
Profit After Tax 11 N23.344m 10 N22.384m

Balance Sheet Information
Fixed Assets 31-03-11 N3.984b 31-12-10 N3.845b
Investment 11 N245.325m 10 N245.325m
Stock 11 N849.210m 10 N1.259b
Trade Debtors 11 N1.104b 10 N979.796m
Cash and Bank Balances 11 N213.086m 10 N208.235m
Other Debit Balances 11 N639.121m 10 N278.606m
Trade Creditors 11 N905.488m 10 N1.153b
Short Term Borrowings 11 N1.792b 10 N1.319b
Other Credit Balances 11 N1.430b 10 N1.460b
Net Assets 11 N2.906b 10 N2.883b

MalamImam · #63 (**permalink**) 19th May 2011, 05:54 PM

Quote:

Originally Posted by baotoghile

19 May 2011
Unaudited Q1 (March) 2011
Profit and Loss Information
Turnover 11 N957.309m 10 N856.684m
Cost Of Sales 11 (N561.064m) 10 (N489.333m)
Profit Before Tax 11 (N34.329m) 10 (N32.918m)
Taxation 11 (N10.985m) 10 (N10.534m)
Profit After Tax 11 N23.344m 10 N22.384m

Balance Sheet Information
Fixed Assets 31-03-11 N3.984b 31-12-10 N3.845b
Investment 11 N245.325m 10 N245.325m
Stock 11 N849.210m 10 N1.259b
Trade Debtors 11 N1.104b 10 N979.796m
Cash and Bank Balances 11 N213.086m 10 N208.235m
Other Debit Balances 11 N639.121m 10 N278.606m
Trade Creditors 11 N905.488m 10 N1.153b
Short Term Borrowings 11 N1.792b 10 N1.319b
Other Credit Balances 11 N1.430b 10 N1.460b
Net Assets 11 N2.906b 10 N2.883b

... even bread sellers make better profit than this!

aysok1 · #64 (**permalink**) 19th May 2011, 07:36 PM

Quote:

Originally Posted by MalamImam

... even bread sellers make better profit than this!

Bros i go like to understudy this bread seller that make more than 23million a year o.

MalamImam · #65 (**permalink**) 27th May 2011, 10:35 AM

May &Baker performs below analyst expectations

saheewale · #66 (**permalink**) 21st June 2011, 09:18 PM

Jonathan to commission May & Baker N4b factory June 27

Daily Independent

hispy99 · #67 (**permalink**) 22nd June 2011, 02:47 AM

Quote:

Originally Posted by aysok1

Bros i go like to understudy this bread seller that make more than 23million a year o.

Me second and my wife third...dat na combined income of N46M kulele, equal to $300k tax free thanks to SLS

hispy99 · #68 (**permalink**) 18th July 2011, 05:18 AM

Nigeria now needs to strategically focus on manufacturing sector, says Okafor

saheewale · #69 (**permalink**) 19th October 2011, 04:49 AM

Multinationals Eye Nigerian Pharmaceutical Firms, Articles | THISDAY LIVE

solo66 · #70 (**permalink**) 1st November 2011, 04:19 PM

MAY AND BAKER PLC
November 1, 2011
Unaudited Q3 (Sept.) 2011
Profit and Loss Information
Gross Earnings 30/09/2011 N3.25b 30/09/2010 N2.98b Cost of Sales 11 (N1.8b) 10 (N1.8.4b) Operating Expenses 11 (N1.29B) 10 (N1.04b) Other Income 11 nil 10 nil Interest Charges 11 nil 10 nil Profit Before Tax 11 N145.68m 10 N131.6m Taxation 11 (N46.6) 10 (N42.1B) Profit After Tax 11 N99.1b 10 N89.5b.
Balance Sheet Information
Fixed Assets 30-09-11 N4.2b 31-12-10 N3.8b Long term Investments 11 nil 10 nil Stock 11 N1.1b 10 N1.35b Trade Debtors 11 N902.1m 10 N979.8m Cash and Bank Balances 11 N148.8m 10 N208.2m Other Debit Balances 11 N566.3m 10 N211.3m Trade Creditors 11 N832.4m 10 N986.9m Short Term Borrowings 11 N2.0b 10 N1.32b Other Credit Balances 11 N1.4b 10 N1.6b Working Capital 11 (N590.6m) 10 (N122.1m) Net Assets 11 N2.98b 10 N2.88b

123.rado · #71 (**permalink**) 1st November 2011, 04:47 PM

Quote:

Originally Posted by solo66

MAY AND BAKER PLC
November 1, 2011
Unaudited Q3 (Sept.) 2011
Profit and Loss Information
Gross Earnings 30/09/2011 N3.25b 30/09/2010 N2.98b Cost of Sales 11 (N1.8b) 10 (N1.8.4b) Operating Expenses 11 (N1.29B) 10 (N1.04b) Other Income 11 nil 10 nil Interest Charges 11 nil 10 nil Profit Before Tax 11 N145.68m 10 N131.6m Taxation 11 (N46.6) 10 (N42.1B) Profit After Tax 11 N99.1b 10 N89.5b.
Balance Sheet Information
Fixed Assets 30-09-11 N4.2b 31-12-10 N3.8b Long term Investments 11 nil 10 nil Stock 11 N1.1b 10 N1.35b Trade Debtors 11 N902.1m 10 N979.8m Cash and Bank Balances 11 N148.8m 10 N208.2m Other Debit Balances 11 N566.3m 10 N211.3m Trade Creditors 11 N832.4m 10 N986.9m Short Term Borrowings 11 N2.0b 10 N1.32b Other Credit Balances 11 N1.4b 10 N1.6b Working Capital 11 (N590.6m) 10 (N122.1m) Net Assets 11 N2.98b 10 N2.88b

Hmmmm. See NSE maths. How can the PAT be in billions when the PBT is in millions?

Oracle · #72 (**permalink**) 1st November 2011, 05:01 PM

Quote:

Originally Posted by 123.rado

Hmmmm. See NSE maths. How can the PAT be in billions when the PBT is in millions?

Typo, I guess! Cos if you do the subtraction, you will get the same number but in ''m''.

baotoghile · #73 (**permalink**) 30th March 2012, 01:38 PM

MAY AND BAKER NIGERIA PLC
March 30, 2012
Audited year end, December 31, 2011

Profit and Loss Information
Turnover 31/12/2011 N4.837b 31/12/2010 N4.639b
Cost of Sales 11 (N2.864b) 10 (N2.770b)
Admin, Distribution & Operating Expenses 11 (N1.493b) 10 (N1.390b)
Interest & Other Income 11 N102.017m 10 N13.067m
Interest Charges 11 (N242.894m) 10 (N183.685m)
Profit Before Tax 11 N339.474m 10 N307.790m
Taxation 11 (N84.002m) 10 (N114.813m)
Profit After Tax 11 N255.5m 10 N192.9m.

Balance Sheet Information
Fixed Assets 31-12-11 N4.723b 31-12-10 N3.846b
Investments 11 Nil 10 Nil Stocks 11 N900.544m 10 N1.259b
Trade Debtors 11 N650.076m 10 N816.580m
Cash and Bank Balances 11 N215.085m 10 N208.235m
Other Debit Balances 11 N311.306m 10 N441.822m
Trade Creditors 11 N329.880m 10 N336.796m
Short Term Borrowings 11 N1.221b 10 N970.089m
Other Credit Balances 11 N2.355b 10 N2.626b
Working Capital 11 (N808.709m) 10 (N34.619m)
Net Assets 11 N3.138b 10 N2.883b

Corporate Actions
Proposed Dividend Not yet provided
Proposed Bonus Not yet provided
Qualification Date Not yet provided
Closure Date Not yet provided
AGM Date Not yet provided
Payment Date Not yet provided
AGM Venue Not yet provided

cashrules · #74 (**permalink**) 30th March 2012, 02:05 PM

Quote:

Originally Posted by baotoghile

MAY AND BAKER NIGERIA PLC
March 30, 2012
Audited year end, December 31, 2011

Profit and Loss Information
Turnover 31/12/2011 N4.837b 31/12/2010 N4.639b
Cost of Sales 11 (N2.864b) 10 (N2.770b)
Admin, Distribution & Operating Expenses 11 (N1.493b) 10 (N1.390b)
Interest & Other Income 11 N102.017m 10 N13.067m
Interest Charges 11 (N242.894m) 10 (N183.685m)
Profit Before Tax 11 N339.474m 10 N307.790m
Taxation 11 (N84.002m) 10 (N114.813m)
Profit After Tax 11 N255.5m 10 N192.9m.

Balance Sheet Information
Fixed Assets 31-12-11 N4.723b 31-12-10 N3.846b
Investments 11 Nil 10 Nil Stocks 11 N900.544m 10 N1.259b
Trade Debtors 11 N650.076m 10 N816.580m
Cash and Bank Balances 11 N215.085m 10 N208.235m
Other Debit Balances 11 N311.306m 10 N441.822m
Trade Creditors 11 N329.880m 10 N336.796m
Short Term Borrowings 11 N1.221b 10 N970.089m
Other Credit Balances 11 N2.355b 10 N2.626b
Working Capital 11 (N808.709m) 10 (N34.619m)
Net Assets 11 N3.138b 10 N2.883b

Corporate Actions
Proposed Dividend Not yet provided
Proposed Bonus Not yet provided
Qualification Date Not yet provided
Closure Date Not yet provided
AGM Date Not yet provided
Payment Date Not yet provided
AGM Venue Not yet provided

Last year they told us story... now this year again they are telling us story...meanwhile all their top executives are living large and flying first class for holidays....

cashrules · #75 (**permalink**) 16th May 2012, 01:43 PM

MAY & BAKER PLC
May 16th, 2012
Unaudited Results (March, 2012, Q1)
Statement of Comprehensive Income
Turnover 31/03/2012 N923.900m 31/03/2011 N957.309m Audited 11 N4.837b
Cost of Sales 12 (N586.825m) 11 (N561.064m) Audited 11 (N2.864b)
Gross Profit 12 N337.075m 11 N396.245m Audited 11 N1.973b
Investment & Other Income 12 N1.226m 11 N1.377m Audited 11 N8.419m
Distribution, Sales & Marketing Expenses 12 (N196.237m) 11 (N200.008m) Audited 11 (N1.072b)
Admin Expenses 12 (N103.216m) 11 (N109.904m) Audited 11 (N420.464m)
Other Gains & Loss 12 Nil 11 Nil Audited 11 N93.598m
(Loss)/Profit before Tax 12 (N34.784m) 11 N34.329m Audited 11 N353.681m
Taxation 12 (Nil) 11 (N10.985m) Audited 11 (N84.002m
(Loss)/Profit after Tax 12 (N34.784m) 11 N23.344m Audited 11 N269.697m
Earnings Per Share (kobo) 12 (3.55) 11 2.38 Audited 11 27.52

Statement of Financial Position
Plant, Property & Equipment 31-03-12 N4.714b 31-12-11 N4.723b
Intangible Assets 12 N67.296m 11 N67.296m
Inventories 12 N1.037b 11 N900.544m
Trade Receivables 12 N715.325m 11 N650.076m
Cash and Bank Balances 12 N155.917m 11 N215.085m
Other Debit Balances 12 N707.321m 11 N489.336m
Trade Payables 12 N281.596m 11 N329.880m
Short term Borrowings 12 N1.581b 11 N1.834b
Other Credit Balances 12 N1.897b 11 N1.228b
Working Capital 12 (N98.413m) 11 (N794.502m)
Net Assets 12 N3.118b 11 N3.153b

No wonder this stock is being punished like this?

Dicobody · #76 (**permalink**) 13th August 2012, 04:59 PM

MAYBAKER declares N27.5m PAT in Q2 '12 result,(SP:N1.71k) - Proshare

emmanuel ewumi · #77 (**permalink**) 31st August 2012, 05:46 PM

The company has refused to declare a profit or pay dividend for about 3 years. Any news about their food subsidiary, they used to make mimee noodles, lizzy water and some other food products that i can not remember.
I hope we will see the effect of the new plant, in their earnings and result for the year.

hispy99 · #78 (**permalink**) 14th September 2012, 03:45 AM

New PharmaCentre lifts May& Bakers capacity by100 %

hispy99 · #79 (**permalink**) 28th October 2012, 08:23 AM

Our company has done well in the past 7yrs – May & Baker boss

wanaj0 · #80 (**permalink**) 29th October 2012, 04:27 PM

Quote:

Originally Posted by hispy99

Our company has done well in the past 7yrs – May & Baker boss

The man must be on some expired palm wine!

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