ARBICO PLC announced profit after tax of N70.7 Million for the half year ended 30th June, 2018 was a 165% growth away from Over 100 million deficits reported in the corresponding period of 2017.
The financial report which was made public on Friday, July 27, 2018 showed
that the company’s topline figure of N2.1 billion recorded in the half year, 2018
fell by 12.25 percent, below N2.4 billion recorded in the H12017.
The earnings per share (EPS) however, advanced by 165.47 % from H1 2017’s
loss of 73kobo to 45kobo gains recorded in the period under review.
The current period’s PE Ratio is at 10.05 and the earnings yield at 9.9 percent
with the stock worth of N4.79 per unit at the date of computation.