Julius Berger grew 4.8% revenue in H1’18

Julius Berger Nigeria Plc. one of Nigeria’s leading construction companies, has announced that its made about N73billion within the first six month of 2018 as its revenue, which is a marginal 4.8% above the previous N69billion made as revenue last same period.

According to a notification to the Nigerian Stock Exchange and its shareholders, the company said its profit position was considerably improved as it reported an impressive 811% recovery from a previous loss of N364.7million to a N2.59billion profit after tax in the corresponding period of 2018.

Its earnings per share also came to N1.97 from a loss per share of 28kobo in the previous report.

Its PE Ratio is at 12x with an earnings yield of 8%.

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