LAGOS, NIGERIA — Flour Mills of Nigeria reported on Nov. 2 that earnings for the second quarter were $23 billion naira ($115,560,510), up significantly from $1.5 billion naira in the same quarter of last year.

Revenue increased 16% during the second quarter to 495.3 billion naira ($478,407,741).

The earnings were part of reporting to the Nigerian Stock Exchange. To read the complete report click here.