This represent 27 per cent rise compared to N8.1 billion total revenue recorded from January to September 2021.
The company’s Profit Before Tax (PBT) grew from N1.3 billion in 2021 to N1.7 billion in 2022, representing 31 per cent growth. Its working capital grew from N5.3 billion in 2021 to N6.5 billion, representing 23 per cent growth, in the period under review.
Managing director/CEO, May & Baker Nigeria Plc, Mr. Patrick Ajah, at the company’s end of year media parley in Lagos, attributed the company’s encouraging performance to its commitment to quality; while striving to make it products affordable, adherence to compliance, manufacturing excellence, strong supply chain capabilities and the unwavering support of its board of directors.
