CAP Plc boosts revenue by 3.67% in Q3’20

Chemical and Allied Plc on Thursday 22nd October, 2020 published its third quarter report for the period ended 30th September, 2020 on the website on the Nigerian Stock Exchange. The report shows growth in revenue of N5.989 billion, up by 3.67% when compared with reported revenue of N5.777 in the third quarter of 2019.

Profit after tax declined to N927.5 million from N1.228 billion reported in Q3’19, implying a drop of 24.50%.

The earnings per share (EPS) of the firm declined to 15 kobo from 20 kobo reported in the third quarter of 2019, with reference to the share price of N3.57, the P.E ratio of CAP plc is calculated as 23.09x with earnings yield of 4.33%.

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