Etranzact declares N5.77bn turnover in H1’20

The unaudited financial report of Etranzact International Plc for the first half ended June 30, 2020 revealed a decline in turnover of about 11% as revenue closed at N5.769 billion against the previous close of N6.458 billion in the half year of 2019.

The company recorded a loss after Tax in the current period against the profit after tax of 2019, dropping by 223%.

The earnings per share (EPS) for the period under review fell by 223.06% from the previous EPS of 2 kobo in H1, 2019 to a deficit of 3 kobo in the first half of 2020.

With reference to the share price of N2.61, the PE ratio of eTRANZACT Plc in H1’2020 stands at -92.70x with earnings yield of -1.08%.

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