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Flour Mills of Nigeria PLC (FLOURMI)

Currency in NGN
FLOURMI Scorecard
Full Analysis
Has raised its dividend for 5 consecutive years
Fair Value
Day's Range
52 wk Range
44.00 / 45.00
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Day's Range
52 wk Range
Average Volume (3m)
1-Year Change
Fair Value
Fair Value Upside
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Members' Sentiments
Net income is expected to grow this year

Flour Mills of Nigeria PLC Company Profile

Flour Mills of Nigeria PLC engages in the flour milling business in Nigeria and internationally. The company operates through Food, Agro Allied, Support Services, and Sugar segments. It produces and sells pasta, snacks, noodles, and sugar; and manufactures and markets laminated woven polypropylene sacks and flexible packaging materials. In addition, the company is involved in farming of maize, cassava, soya, sugar cane, and oil palm; and production and sale of fertilizers edible oils, livestock feeds, and poultry products. Further, it engages in the operation of terminals A and B at the Apapa Port; customs clearing, development of real estate properties for rental purposes; forwarding and shipping agents; logistics activities; haulage services; and leasing of investment properties. Additionally, the company cultivates and processes sugarcane, refines and sells sugar; and sells by-products from sugar refining. The company was incorporated in 1960 and is headquartered in Lagos, Nigeria. Flour Mills of Nigeria PLC operates as a subsidiary of Excelsior Shipping Company Limited.

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