Dangote Flour 2014 pretax loss widens to $54m

Dangote Flour Mills on Wednesday reported a 2014 financial year pretax loss of 9.28 billion naira ($53.55 million), 11 percent wider than a loss of 8.34 million naira a year ago.

Turnover at the flour and pasta maker climbed to 41.26 billion naira during the twelve months to Sept. 30, from 29.96 billion naira last year, the Nigerian unit of South Africa’s Tiger Brands said in a filing with the stock exchange.


Source : BusinessDay

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