Shareholders of Fidson Healthcare Plc have approved a dividend
of 12 kobo per share recommended by the company’s board for the year ended
December 31, 2012.
They gave the approval at the company’s 14th Annual General Meeting,
which was held in Lagos.
The company had in May promised to pay a dividend to its
investors, following the release of its audited annual financial report for
2012, which showed a 51 per cent increase in turnover between January 1, and
December 31, 2012.
It explained that the 12 kobo dividend represents an increase
of 20 per cent over the previous year.
The Chairman, Fidson Healthcare Plc, Felix Ohiwerei, told the
shareholders that the company’s turnover during the year, ended December 31,
2012 was N7.16bn, which was about the same for the 18 months ended December 31,
2011.
He added that earnings per share grew from four kobo in 2011
to 14 kobo in 2012.
According to him the account is in full compliance with the
International Financial Reporting Standards.
Ohiwerei, who said business operation during the period under
review were hampered be several factors including the increase in fuel pump
price, said brand building was a focus for the company in 2012.
No comments:
Post a Comment