Sep-18

Sales – net

              3,109,564,275

Cost of sales

            (2,888,678,536)

Gross profit

                  220,885,739

Distribution and selling expenses

                  (31,133,580)

Administrative expenses

                  (28,732,134)

Other operating expenses

                  (23,636,102)

                  (83,501,816)

Other income

                      2,459,354

Operating profit/ (loss) before taxation

                  139,843,277

Finance costs

                  (36,910,890)

Profit/(loss) before taxation

                  102,932,387

Taxation

                      8,313,120

Profit/(loss) after taxation

                  111,245,507

Earnings per share – basic and diluted

                                 0.66