By Peter Egwuatu JULIUS Berger Nigeria Plc has recorded 68.9 percent increase in Profit After Tax, PAT for its unaudited results for full...
By Peter Egwuatu
JULIUS Berger Nigeria Plc has recorded 68.9 percent increase in Profit After Tax, PAT for its unaudited results for full year ended December 31, 2019.
The PAT was up by 68.9 percent closing the year 2019 at N10.3 billion from N6.1 billion in 2018.
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According to the results released to the Nigerian Stock Exchange, NSE, the company posted a turnover of N264.56 billion, up by 35.94 percent when compared to the turnover of N194.62 billion recorded in the corresponding period in 2018. Profit Before Tax, PBT grew by 44 percent to close at N14.68 billion from N10.2 billion in 2018.
For the period under review, the Earnings Per Share (EPS) of Julius Berger stands at N7.81, up by 69 percent from EPS of N4.62 in 2018.
The post Julius Berger grows profit by 68.9% in 12 months appeared first on Vanguard News.
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