Honeywell Flour Mills’ H1-2027 pre-tax profit jumps 1,115% to N31.40 billion as revenue rises 41%
AI Executive Briefing
Verified Synthesis~60s readOperating profit rose by 661.81% to N28.15 billion from N3.70 billion, reflecting the improvement in the company’s core operations. The half-year pre-tax profit has already exceeded the N21.90 billion reported for the full financial year ended March 2026, while profit after tax rose to N22.61 billion from N1.62 billion.
Context & Background
- ✦Honeywell Flour Mills Plc recorded a 1,115.17% increase in pre-tax profit to N31.40 billion for the six months ended September 30, 2026, compared with N2.58 billion in the corresponding period of 2025, supported by stronger operating margins and improved segment performance.
Key Figures & Named Entities
2026:Honeywell Flour Mills Plc recorded a 1,115.17% increase in pre-tax profit to N31.40 billion for the six months ended September 30, 2026, compared with N2.58 billion in the corresponding period of 2025, supported by stronger operating margins and improved segment performance.2027:According to the company’s unaudited half-year 2027 financial statements filed with the Nigerian Exchange (NGX) on October 30, 2026, revenue increased by 41.29% to N233.79 billion from N165.47 billion.2026:The half-year pre-tax profit has already exceeded the N21.90 billion reported for the full financial year ended March 2026, while profit after tax rose to N22.61 billion from N1.62 billion.
Outlook & Next Steps
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Key Takeaways
Verified Extract- Operating profit rose by 661.81% to N28.15 billion from N3.70 billion, reflecting the improvement in the company’s core operations.
- The half-year pre-tax profit has already exceeded the N21.90 billion reported for the full financial year ended March 2026, while profit after tax rose to N22.61 billion from N1.62 billion.
- Honeywell Flour Mills Plc recorded a 1,115.17% increase in pre-tax profit to N31.40 billion for the six months ended September 30, 2026, compared with N2.58 billion in the corresponding period of 2025, supported by stronger operating margins and improved segment performance.
Key Facts:2026: Honeywell Flour Mills Plc recorded a 1,115.17% increase in pre-tax profit to N31.40 billion for the six months ended September 30, 2026, compared with N2.58 billion in the corresponding period of 2025, supported by stronger operating margins and improved segment performance.2027: According to the company’s unaudited half-year 2027 financial statements filed with the Nigerian Exchange (NGX) on October 30, 2026, revenue increased by 41.29% to N233.79 billion from N165.47 billion.2026: The half-year pre-tax profit has already exceeded the N21.90 billion reported for the full financial year ended March 2026, while profit after tax rose to N22.61 billion from N1.62 billion.59.4%: MTN Nigeria’s 9M pre-tax profit rises 59.4% to N1.80 trillion as revenue hits N4.61 trillionMutual Benefits records N13.89 billion pre-tax profit as insurance revenue hits N65.16 billionNigerian stocks gain N2 trillion in October as market cap hits N165 trillion Gross profit increased by 184.62% to N33.66 billion from N11.83 billion, as cost of sales grew by 30.29%, below the 41.29% increase in revenue.
Editorial Excerpt
Honeywell Flour Mills Plc recorded a 1,115.17% increase in pre-tax profit to N31.40 billion for the six months ended September 30, 2026...
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What is the latest development regarding Central Bank of Nigeria?
Operating profit rose by 661.81% to N28.15 billion from N3.70 billion, reflecting the improvement in the company’s core operations.
Who are the key organizations or public figures mentioned?
The primary parties identified in this coverage include Central Bank of Nigeria, MTN Nigeria, Ogun State.
What timeline or key figures were confirmed?
Honeywell Flour Mills Plc recorded a 1,115.17% increase in pre-tax profit to N31.40 billion for the six months ended September 30, 2026, compared with N2.58 billion in the corresponding period of 2025, supported by stronger operating margins and improved segment performance.
