| Statement
of comprehensive Income |
2013
|
|
2012
|
|
%CHNG |
| for financial year ended Dec
31 2013 |
NGN |
|
NGN |
|
|
| |
|
|
|
|
|
| Turnover |
406,826,533 |
|
353,763,942 |
|
15.00% |
| Cost of Sales |
(374,280,410) |
|
(327,231,646) |
|
14.38% |
| Gross Profit |
32,546,123 |
|
26,532,296 |
|
22.67% |
| Other Income |
-
32,546,123 |
|
-
26,532,296 |
|
|
| Operating and Selling Expenses |
(24,686,670) |
|
(20,755,103) |
|
18.94% |
| Operating Profit / (Loss) |
7,859,453 |
|
5,777,193 |
|
36.04% |
| Interest and Similar Charges |
(966,108) |
|
(1,681,692) |
|
-42.55% |
| Profit / (Loss) before Tax |
6,893,345 |
|
4,095,501 |
|
68.32% |
| Provision for Taxation |
(2,068,004) |
|
(1,310,560) |
|
57.80% |
| |
|
|
|
|
|
| Profit / (Loss) after Tax |
4,825,341 |
|
2,784,941 |
|
73.27% |
| |
|
|
|
|
|
| Earnings
per share(Kobo) |
44.35 |
|
25.60 |
|
73.24% |
|
|