Livestock Feeds Plc's shares have jumped 27.9% month-to-date in March 2025, driven by strong financial performance.
Key Highlights:
- Shares rose from N7.43 to N9.50 in March 2025
- Pre-tax profit increased to N2.7 billion, up from a loss of N126.7 million in 2023
- Revenue surged 104% year-over-year to N41.6 billion
- Sales of livestock feeds in Ikeja, Aba, Northern operations, and Onitsha contributed significantly to revenue growth
- Year-to-date performance stands at 130.6%, with a market volume of 131.1 million shares.
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