May & Baker Plc posts N4.06bn turnover, in Half Year 2019

May & Baker Nigeria Plc in its half year unaudited financial report for the period ended June 30, 2019 recorded a profit after tax (PAT) of N290.83 million, implying a growth of 9.97% compared to the N264.45 million recorded the previous year.

Turnover was N4.06 billion, down by 12.01% against the previous close of N4.61 billion in half year 2018.

Profit before tax grew by 9.97%, to settle at N427.69 million from the previous close of N388.9 million the previous year.

Earnings per share for the period under review grew to 16.86 kobo from the previous earnings per share of 15.33 kobo in half year 2018.

With reference to the share price of N2.10, P.E ratio of May &Baker Nigeria Plc stands at 12.35x  with earnings yield of 8.10%.

 

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