Mr. Hamlyn Jailal Chairman National Flour Mills Limited has released the following Unaudited Financial Statements For The Quarter Ended March 31st, 2026
I am pleased to report that National Flour Mills Limited (NFM) achieved a commendable performance in Q1 2026, ending March 31st with a Net Profit after Taxation of $10.7M. Compared with the corresponding period in 2025, revenue declined modestly from TT$129.4M to TT$125.8M. Our cost of sales decreased by 4.8% from TT$88.2M to TT$83.9M, reflective of prudent operational controls and resulting in a Gross Profit of TT$41.8M, which was comparable to 2025.
Total assets increased from TT$506M in 2025 to TT$557.4M in 2026, reflecting the significant investment made in plant and machinery. We continued with the upgrade of our facilities, including the installation of the new Toaster Oven and manufacturing air-conditioning system. On the innovation side, we launched our new Lotus Pancake and Waffl e Mix, representing a locally manufactured option for the market. We also strengthened our feed distribution capacity to supply bulk feed to large farms.
The Board and Management remain optimistic regarding the outlook for the remainder of 2026. The Company will continue to prioritise operational effi ciency, product availability and quality, cost management and strategic investments.
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