Dangote Flour Mills H1 loss before tax widens to N4.74 billion

Dangote Flour Mills, in a filing on the Nigerian Stock Exchange (NSE) on Tuesday, said its half-year loss before tax widened by 10.6 percent to N4.74 billion ($29.1 milioln) from a loss of 4.28 billion in the same period a year ago.

Turnover at the Nigerian unit of South Africa’s Tiger Brands fell to N18.58 billion in the six months to March from N19.12 billion a year earlier.