Chemical and Allied Products reports pre-tax profit N2.30bn

Chemical And Allied Products Plc :

* FY profit before taxation of 2.30 billion naira versus 2.57 billion naira year ago

* FY ended Dec 2015 revenue 6.81 billion naira versus 7.06 billion naira year ago

* Recommends dividend of N1.54 billion representing 220 kobo per ordinary share of 50 kobo each

* If approved, dividend will be paid on June 13, 2017

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Chemical and Allied Products reports pre-tax profit N2.30bn