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