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Flour Mills Nigeria (NSA:FMNL) Pretax Margin % : 2.78% (As of Mar. 2023)


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What is Flour Mills Nigeria Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Flour Mills Nigeria's Pre-Tax Income for the six months ended in Mar. 2023 was ₦42,752 Mil. Flour Mills Nigeria's Revenue for the six months ended in Mar. 2023 was ₦1,539,655 Mil. Therefore, Flour Mills Nigeria's pretax margin for the quarter that ended in Mar. 2023 was 2.78%.

The historical rank and industry rank for Flour Mills Nigeria's Pretax Margin % or its related term are showing as below:

NSA:FMNL' s Pretax Margin % Range Over the Past 10 Years
Min: 1.93   Med: 2.92   Max: 4.82
Current: 2.78


NSA:FMNL's Pretax Margin % is ranked worse than
57.6% of 1861 companies
in the Consumer Packaged Goods industry
Industry Median: 4.19 vs NSA:FMNL: 2.78

Flour Mills Nigeria Pretax Margin % Historical Data

The historical data trend for Flour Mills Nigeria's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Flour Mills Nigeria Pretax Margin % Chart

Flour Mills Nigeria Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.93 3.05 4.82 3.53 2.78

Flour Mills Nigeria Semi-Annual Data
Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.93 3.05 4.82 3.53 2.78

Competitive Comparison of Flour Mills Nigeria's Pretax Margin %

For the Packaged Foods subindustry, Flour Mills Nigeria's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Flour Mills Nigeria's Pretax Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Flour Mills Nigeria's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Flour Mills Nigeria's Pretax Margin % falls into.



Flour Mills Nigeria Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Flour Mills Nigeria's Pretax Margin for the fiscal year that ended in Mar. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Mar. 2023 )/Revenue (A: Mar. 2023 )
=42752.114/1539654.788
=2.78 %

Flour Mills Nigeria's Pretax Margin for the quarter that ended in Mar. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2023 )/Revenue (Q: Mar. 2023 )
=42752.114/1539654.788
=2.78 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Flour Mills Nigeria  (NSA:FMNL) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Flour Mills Nigeria Pretax Margin % Related Terms

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Flour Mills Nigeria (NSA:FMNL) Business Description

Traded in Other Exchanges
N/A
Address
Wharf Road, 1, Golden Penny Place, Apapa, Lagos, NGA
Flour Mills Nigeria PLC is an investment holding company. The company's operating segment includes Food; Agro Allied; Sugar and Support Services. It generates maximum revenue from the Food segment which includes milling and sales of flour and production and sales of pasta, snacks, and noodles. Its Agro-Allied segment includes farming of maize, cassava, soya, sugar cane and oil palm and production and sales of fertilizer, edible oils and livestock feeds. The Sugar segment includes the cultivation and processing of sugarcane, refining and selling of sugar and sale of by-products from sugar refining.

Flour Mills Nigeria (NSA:FMNL) Headlines

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