CAP Plc grew turnover by 10% to N2.3bn in 1st quarter, 2020

CAP Plc released its first quarter result for 2020, where the company made a total turnover of N2.312bn, which is an improvement of about 10% when compared with the previous turnover of N2.095bn in Q1’19.

Profit after Tax (PAT) of the company slumped by 8.55% to close at N456mn against the previous PAT of N498mn in the first quarter of 2019.

The earnings per share (EPS) of the company for the period under review is N0.65, compared with the previous EPS of N0.71 kobo in Q1’19.

With stock value of N23.20, the PE ratio of CAP plc in Q1’2020 stands at 35.59x with earnings yield of 2.81%.

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