Smart
product Nigeria Plc, a company that processes palm kernel oil said, on
Wednesday, its first quarter profits surge 30.95 percent as revenue spikes.
For
the first three months of the year, the company’s pretax profits surged by
23.41 percent to N44.59 million from N36.13 million in the preceding year.
Sales
were up 30.95 percent to N19.33 million in Q1 2014 compared with N14.81 million
in the preceding year, the company said in a filing on the Nigeria Stock
Exchange (NSE).
BusinessDay
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