Custodian Investment Plc grew turnover by 27.4% in Q3’19

Custodian Investment Plc in its third quarter financial report for the period ended September 30, 2019 recorded a turnover of N46.2 billion, up by 27.4% from N36.2 billion recorded in the third quarter of 2018.

Profit after Tax for the period under review was N5.46 billion, up by 6.1% from N1.15 billion reported in the third quarter of 2018.

Earnings per share grew to N0.93 from the previous earnings per share of N0.88 in the third quarter of 2018.

With reference to the share price of N6, the P. E ratio of Custodian Investment stands at 6.46x with earnings yield of 15.48%.

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