BOC Gases Nigeria Plc announce profits


According to The Tide, BOC Gases Nigeria Plc has raised its profit after tax and exceptional items by N25.6 million from N111.7 million in 2004 to N137.3 million for the year ended 30th September 2005.

The audited results of the company for the period under review showed an additional turnover of N0.13 billion from N1.0 billion in 2004 to N1.13 billion in the same period of 2005.

Following the results shown above, the directors of the company recommended a dividend of N0.16 per share, as the date of closure of register of members stood at 13th March 2006, while payment date is on the 2nd May 2006.

The company equally contributed 228, 731 units of shares valued at N678, 383.90 in 23 deals to the industrial/domestic products subsector total of 7.3 million units of shares worth N30.74 million in 423 deals.

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