EARNINGS ALERT

PRESCO PLC recently released its audited FY 17 results with EPS of N25.36 declaring a dividend of N2.00 per share. Please find attached the full result of PRESCO PLC as released on the NSE and see key highlights below:

  • Revenue grew by 42.31% to ₦22.36bn (₦15.71bn in 2016).
  • Cost of sales was up by 34.99% to ₦5.94bn (₦4.40bn in 2016).
  • Gains on biological asset revaluation declined by 88.79% to ₦2.78bn in 2017 from ₦24.87bn in 2016.
  • PAT increased by 16.88% y/y to ₦25.40bn from ₦21.74bn due to a tax credit of N14.45bn

 

Corporate Action
Proposed Dividend                          N2.00
Qualification date                            Yet to be announced
Closure Date                                   Yet to be announced
Payment Date                                 Yet to be announced

This entry was posted in news. Bookmark the permalink.

Post A Comment