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Shareholders laud Flour Mills @ 50

By Providence Obuh
Share holders of Flour Mills Nigeria Plc has commended the management of the company for a  job well done, claiming that  the company has recorded immense success in its year ended 31st march, 2010.

Investors applaud the company during the Flour Mills shareholders brief and facility tour organised by the Group Managing Director’s in commemoration of the company’s 50th anniversary celebration and its forthcoming Annual General Meeting (AGM)

The chairman who spoke at the event noted that the company’s AGM will be held at Eko Hotel and Suit, Jasmine hall on the 20th of October, by 11 am prompt. He disclosed that  this year’s dividend is the highest ever paid adding that the profit before tax and the profit after tax all went up, adding that shareholders fund has continued to increase.

On the other hand shareholders expressed satisfaction on the company’s output and promised to continue to trade off shares of other company to invest in Flour Mills.

Mr. Matthew Akinlade who spoke at the event disclosed that the company is investors friendly with seasoned professionals who manage each product of the company well.

Shareholders encourage the company to maintain the good things that it has started, noting that the company will do better .

if it can keep the pace. Furthermore, investors advised the company to take security measures  serious in order to protect its staff in the South East where kidnapping has become the order of the day.

Another investor encouraged the company to train its drivers for the safety of the drivers and other people, “The company drivers and some other big wig drivers have sent a lot of people to early crave”.

In response to this, company’s management promised that it will see to all the views raised and improve in the coming year and also promised to continue in the area of  human capital development programme.


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