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  #321 (permalink)  
Old 21st June 2011, 04:44 PM
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Default Re: Dunlop

DN TYRE & RUBBER PLC

21 June 2011 Audited Year Ended (September) 2010
Profit and Loss Information
Turnover 10 N1.758b 09 N4.350b
Cost Of Sales 10 (N1.279b) 09 (N5.303b)
Profit Before Tax 10 (N428.466m) 09 (N11.482b)
Taxation 10 N40.339m 09 N338.858m
Profit After Tax 10 (N388.127m) 09 (N11.143b)
Balance Sheet Information

Fixed Assets 30-09-10 N4.766b 30-09-09 N4.987b Investment 10 Nil 09 N250m Stock 10 N242.063m 09 N337.374m
Trade Debtors 10 N303.421m 09 N353.834m
Cash and Bank Balances 10 N57.655m 09 N43.592m
Other Debit Balances 10 N307.193m 09 N471.617m
Trade Creditors 10 N62.690m 09 N243.115m
Other Credit Balances 10 N7.972b 09 N8.334b
Working Capital 10 (N6.794b) 09 (N6.600b)
Net Assets 10 (N2.359b) 09 N2.133b

Corporate Actions
Proposed Dividend Nil
Proposed Bonus Nil
Payment Date Nil
Closure Date Nil
AGM Date Nil
AGM Venue Nil
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  #322 (permalink)  
Old 21st June 2011, 05:00 PM
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Default Re: Dunlop

Quote:
Originally Posted by baotoghile View Post
DN TYRE & RUBBER PLC

21 June 2011 Audited Year Ended (September) 2010
Profit and Loss Information
Turnover 10 N1.758b 09 N4.350b
Cost Of Sales 10 (N1.279b) 09 (N5.303b)
Profit Before Tax 10 (N428.466m) 09 (N11.482b)
Taxation 10 N40.339m 09 N338.858m
Profit After Tax 10 (N388.127m) 09 (N11.143b)Balance Sheet Information

Fixed Assets 30-09-10 N4.766b 30-09-09 N4.987b Investment 10 Nil 09 N250m Stock 10 N242.063m 09 N337.374m
Trade Debtors 10 N303.421m 09 N353.834m
Cash and Bank Balances 10 N57.655m 09 N43.592m
Other Debit Balances 10 N307.193m 09 N471.617m
Trade Creditors 10 N62.690m 09 N243.115m
Other Credit Balances 10 N7.972b 09 N8.334b
Working Capital 10 (N6.794b) 09 (N6.600b)
Net Assets 10 (N2.359b) 09 N2.133b
Corporate Actions
Proposed Dividend Nil
Proposed Bonus Nil
Payment Date Nil
Closure Date Nil
AGM Date Nil
AGM Venue Nil
Hmmmmm……hope risisng!!! But what is chopping their Assets?
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  #323 (permalink)  
Old 21st June 2011, 06:10 PM
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Default Re: Dunlop

Quote:
Originally Posted by cashrules View Post
Hmmmmm……hope risisng!!! But what is chopping their Assets?
hope rising with turnover shrinking rapidly...i like this hope o
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  #324 (permalink)  
Old 30th March 2012, 09:39 AM
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Default Re: Dunlop

DN Tyre & Rubber Plc declares N575.8 million loss in '11 Audited result.

the losses continue....
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  #325 (permalink)  
Old 18th October 2012, 10:33 PM
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Default Re: Dunlop

Quote:
Originally Posted by chrisekpo View Post
u sound rather upset and frustrated, well i am a great believr of DN Tyre. i ones argued in school that the coy will soon rebound and make profits due to the fact they changed from production to importation of tyre and exportation of rubber, but to my dismay things have not turned around. i still need to comprehensively look at the coy's fianncials to assertain the causes of such poor performance. i will also ask freinds around for much details. Anoda coy am looking at is Omatek.
Did I read somewhere that she was also diversifying into agriculture. Somebody, please confirm.
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  #326 (permalink)  
Old 15th January 2013, 08:41 PM
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Default Re: Dunlop

DUNLOP forecasts N85.5m loss - Proshare
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  #327 (permalink)  
Old 2nd February 2013, 02:14 PM
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Default Re: Dunlop

Quote:
Originally Posted by Dicobody View Post
Always loosing. Na wa o. You mean these guys are not doing any biz with our money?
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  #328 (permalink)  
Old 6th February 2013, 09:52 PM
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Default Re: Dunlop

DUNLOP declares Q1 '12 & Audited '11 results with N226.6m loss in Q1 '12,(SP:N0.50k) - Proshare
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  #329 (permalink)  
Old 27th March 2013, 03:20 AM
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Default Re: Dunlop

Dunlop marks new beginning in Nigeria | BusinessDay
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  #330 (permalink)  
Old 27th March 2013, 03:53 AM
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Default Re: Dunlop

Quote:
Originally Posted by Salida View Post
dis one no be the NSE dunlop o
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  #331 (permalink)  
Old 20th May 2013, 05:27 PM
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Default Re: Dunlop

DUNLOP declares N437.4m loss in Q2 '12 result,(SP:N0.50k) - Proshare
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  #332 (permalink)  
Old 15th August 2013, 01:36 PM
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Default Re: Dunlop

http://www.nse.com.ng/Financial_News...2013-08-14.pdf
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  #333 (permalink)  
Old 20th August 2013, 01:54 PM
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Default Re: Dunlop

Audited
http://www.nse.com.ng/Financial_News...UGUST_2013.pdf
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  #334 (permalink)  
Old 2nd November 2013, 09:16 AM
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Post Re: Dunlop

AROUND & ABOUT
BOOKSHELF
FEATURES
ENTERTAINMENT
LIFE EXTRA TECH DIGEST
WOMANHOOD
YOUNG TRUSTERS
MAGAZINE COVER
HEALTH
FG promises 10 yrs tax holiday for
tyre manufacturers Category: News Published on Saturday, 02
November 2013 05:00
Written by NAN
Hits: 13 0 in Share
President Goodluck Jonathan yesterday in Lagos said that the Federal Government would soon commence a 10-year tax holiday for local tyre manufacturers, News Agency of Nigeria (NAN) reports. Jonathan made the declaration at the opening ceremony of the 2013 Lagos International Trade Fair.
Represented by Mr Olusegun Aganga, the Minister of Trade and investment, Jonathan said the tax holiday was part
of the commitment of the government to its new automobile policy.
The president said that the value chain on key automobile products like metals, iron ore, plastic, and tyres would also be improved.
“In terms of product development, you need tyres. Michelin and Dunlop died many years ago because of poor government policy. We are bringing them back”.
“Anybody that goes into tyre production like Michelin and others will start bringing in tyres at 5 per cent based on the level of commitment to produce tyres locally.
“They will not pay tax for the next five to 10 years.
“Also to promote the automobile sector, we are making investments in the petrochemical sector.
“Last month, Mr Aliko Dangote announced an investment of nine billion dollars on a petro-chemical plant.
“The plant will offer an immediate employment to 8,000 engineers, and then a subsequent 85,000 workers.
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  #335 (permalink)  
Old 2nd November 2013, 11:04 AM
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Default Re: Dunlop

Quote:
Originally Posted by people View Post
AROUND & ABOUT
BOOKSHELF
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WOMANHOOD
YOUNG TRUSTERS
MAGAZINE COVER
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FG promises 10 yrs tax holiday for
tyre manufacturers Category: News Published on Saturday, 02
November 2013 05:00
Written by NAN
Hits: 13 0 in Share
President Goodluck Jonathan yesterday in Lagos said that the Federal Government would soon commence a 10-year tax holiday for local tyre manufacturers, News Agency of Nigeria (NAN) reports. Jonathan made the declaration at the opening ceremony of the 2013 Lagos International Trade Fair.
Represented by Mr Olusegun Aganga, the Minister of Trade and investment, Jonathan said the tax holiday was part
of the commitment of the government to its new automobile policy.
The president said that the value chain on key automobile products like metals, iron ore, plastic, and tyres would also be improved.
“In terms of product development, you need tyres. Michelin and Dunlop died many years ago because of poor government policy. We are bringing them back”.
“Anybody that goes into tyre production like Michelin and others will start bringing in tyres at 5 per cent based on the level of commitment to produce tyres locally.
“They will not pay tax for the next five to 10 years.
“Also to promote the automobile sector, we are making investments in the petrochemical sector.
“Last month, Mr Aliko Dangote announced an investment of nine billion dollars on a petro-chemical plant.
“The plant will offer an immediate employment to 8,000 engineers, and then a subsequent 85,000 workers.
Who will trust these People Deceiving Party again. First, they ruined the booming textile industry and later tried to rescue it; they dismantled highway toll-gates with our money and now planning to rebuild them; they destroyed the tyre industry by their liberalisation policy which consequently increased unemployment and loss of shareholders value...now they are talking of tax holiday. Confusion na wetin ooh.......singing Fela Anikulapo.

Once beaten, they say, is twice shy.
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  #336 (permalink)  
Old 2nd November 2013, 11:17 AM
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Default Re: Dunlop

Quote:
Originally Posted by oyo View Post
Who will trust these People Deceiving Party again. First, they ruined the booming textile industry and later tried to rescue it; they dismantled highway toll-gates with our money and now planning to rebuild them; they destroyed the tyre industry by their liberalisation policy which consequently increased unemployment and loss of shareholders value...now they are talking of tax holiday. Confusion na wetin ooh.......singing Fela Anikulapo.

Once beaten, they say, is twice shy.
What will the proponents of free markets, no protection and no high tariff say to this?.
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  #337 (permalink)  
Old 3rd November 2013, 07:36 AM
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Default Re: Dunlop

Quote:
Originally Posted by migiets View Post
What will the proponents of free markets, no protection and no high tariff say to this?.
They will probably come up with the usual text-book colonial mentality......
"make you no follow book, read am and use your sense..." singing Fela's follow-follow.

National interest and objectives should be the chief determinant of economic policy of any country.....shikena.
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  #338 (permalink)  
Old 3rd November 2013, 10:50 AM
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Default Re: Dunlop

Quote:
Originally Posted by migiets View Post
What will the proponents of free markets, no protection and no high tariff say to this?.
The term "free market" is irreal,the praticality of it is nulo.
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  #339 (permalink)  
Old 4th November 2013, 03:14 AM
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Default Re: Dunlop

Quote:
Originally Posted by oyo View Post
They will probably come up with the usual text-book colonial mentality......
"make you no follow book, read am and use your sense..." singing Fela's follow-follow.

National interest and objectives should be the chief determinant of economic policy of any country.....shikena.
sebi Dunlop was producing, did anyone stop you and every Nigerian from buying Dunlop? Must you buy the cheaper foreign tyre? I hope say you no dey drink that imported bottled water that KoD mentioned....
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Last edited by hispy99; 4th November 2013 at 03:17 AM.
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  #340 (permalink)  
Old 23rd December 2013, 05:13 PM
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Default Re: Dunlop

Quote:
Originally Posted by hispy99 View Post
sebi Dunlop was producing, did anyone stop you and every Nigerian from buying Dunlop? Must you buy the cheaper foreign tyre? I hope say you no dey drink that imported bottled water that KoD mentioned....
Did anyone see this coming??
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