Tag: Vitafoam

Business

Vitafoam posts N8.09bn Q2 pre-tax profit

Vitafoam Nigeria Plc has published its unaudited results for the second quarter ended March 31, 2026, posting a pre-tax profit of N8.089 billion, up from N5.62 billion recorded in the corresponding period of 2025. The performance lifted the company’s half-year pre-tax profit to N14.73 billion, representing a 49 per cent increase over H1 2025. Profit […]

Business

Vitafoam announces bonus shares, proposes N3 dividend

Vitafoam Nigeria Plc has announced a 1-for-5 bonus share issue alongside a proposed dividend of N3.00 per share ahead of its 64th Annual General Meeting scheduled for March 5, 2026, in Lagos. The proposed bonus issue, which will be presented to shareholders for approval, involves the capitalisation of N125.08 million from retained earnings to create […]

Vitafoam shareholders okay N1.95m dividend
News

Vitafoam shareholders okay N1.95m dividend

The N1.95 billion dividend that Vitafoam Nigeria Plc announced has been authorized by its shareholders. Nairametrics stated that, the dividend approved during the 62nd Annual General Meeting of the firm in Lagos, is equivalent to N1.56 kobo for each Ordinary Share, valued at 50 kobo. The stockholders whose names are included in the Register of […]

Vitafoam shareholders okay N1.95m dividend
Business

Vitafoam breaks five-year record with 2023 N52bn revenue

Vitafoam Nigeria Plc has recorded the most money from its operations this year, than in the last five years. The PUNCH reported that according to the Consolidated and Separate Financial Statements for the year ended 30 September 2023, which were released on the Nigerian Exchange Limited, the foam producer earned N52.986 billion in revenue, a […]