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FTN COCOA PROCESSORS : QUARTER 1 - FINANCIAL STATEMENT FOR 2025
FTN COCOA PROCESSORS : QUARTER 1 - FINANCIAL STATEMENT FOR
About this update from Ftn Cocoa Processors Plc
[{"type":"text","content":"\n \n \n FTN COCOA PROCESSORS PLC\n \n \n \n REPORTS AND UNAUDITED INTERIM FINANCIAL STATEMENTS FOR THE THREE MONTHS (QUARTER) ENDED 31 MARCH 2025\n \n \n TABLE OF CONTENT\n \n \n \n CONTENTS PAGE\n \n \n Corporate information 1\n \n \n Results at a glance 2\n \n \n Certification pursuant to section 60 3\n \n \n Statement of Financial Position 4\n \n \n Statement of Comprehensive Income 5\n \n \n Statement of Changes in Equity 6\n \n \n Statement of Cash Flows 7\n \n \n Notes to the Financial Statements 8\n \n \n Free float Status 30\n \n \n \n FTN COCOA PROCESSORS PLC CORPORATE INFORMATION\n \n \n Directors: High Chief (Sir) Simeon Olusola Oguntimehin, OON - (Chairman)\n Pastor Akin Laoye- Managing Director\n Otunba' Wale Jubril Nathaniel Durant Jr. Titilayo Ayoka Aderonmu\n \n \n \n Company Secretaries: Alpha-Genasec Limited,Kresta Laurel Complex,376, Ikorodu Road, Maryland, Lagos.\n Tel. 234-7035051231\n \n \n E-mail: [email protected]\n Registered Office: 21, Emmanuel Keshi Street,Oladipo Sessi Close, Magodo, GRA, Lagos.\n Tel. 234-1-7409651\n \n \n Website: https://www.ftncocoa.com.ngE-mail: [email protected]\n Registration Number: RC 172292\n Factory Address: Km 9, Monatan- Iwo Road, Opposite Arcedem, Wofun Olodo,Ibadan, Oyo State.\n Tel. 234-2-7404744\n \n \n \n Independent Auditors:Bakertilly Nigeria, (Chartered Accountants),\n Kresta Laurel Complex (4th Floor), 376, Ikorodu Road, Maryland, Lagos. Tel. 234-9031613983\n \n \n E-mail: [email protected]\n Registrars: Meristem Registrars,\n 213, Herbert Macaulay Street,Yaba, Lagos. Tel.: 234-1-8920491, 234-1-8920492\n \n \n E-mail: [email protected]\n Bankers: Ecobank Nigeria Limited Guaranty Trust Bank Limited Zenith Bank Plc\n United Bank for Africa Plc\n \n \n FTN COCOA PROCESSORS PLC RESULTS AT A GLANCE\n \n For the period\n 3 Months Mar-2025 N'000\n 3 Months Mar-2024 N'000\n \n \n Change N'000\n \n \n Percentage Change (%)\n \n \n Revenue\n \n \n 572,023\n \n \n -\n \n \n 572,023\n \n \n 100\n \n \n Loss before taxation\n \n \n (575,554)\n \n \n (8,885,642)\n \n \n 8,310,088\n \n \n 94\n \n \n Taxation\n \n \n -\n \n \n -\n \n \n -\n \n \n -\n \n \n Loss after taxation\n \n \n (575,554)\n \n \n (8,885,642)\n \n \n 8,310,088\n \n \n 94\n \n \n Loss per share\n \n \n (₦0.15k)\n \n \n (₦2.28k)\n \n \n 2.13\n \n \n 94\n \n \n \n For...