Q1’19: C&I LEASING files 6.82% increase in Profit

C&I Leasing Plc has filed its Q1’19 results, growing in Turnover to N7.8bn which is about 20% higher than N6.4bn reported in same period 2018.

The company’s profit after tax (PAT) for the period under review stood at N398mn which is 6.82% above the N58mn reported last same period.

The shareholders’ earnings per share of N0.99 kobo for the period under review when compared with N0.92kobo reported for the comparative period of 2018. This represents 7% growth for the corresponding period.

As at when computed at a price of N7.20C&I Leasing PE Ratio stood at 7.30x with about 13.69% earnings yield.

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