The listed company in the NSE Industrial Goods published its second quarter 2018 financial report which showed that the firm grew its profit after tax by 70.99% from N257million to N440million recorded in the corresponding period.
CUTIX which deals in manufacturing and marketing of electrical, automobile and telecommunication wires, cables and other related products in its posted financial statement as released to the public on Friday, July 27, 2018 showed that its topline figure of N3.6 billion recorded in 2017 grew by 37.59 % to arrive at N5.1 billion recorded in the present period under review
The earnings per share (EPS) also soared by 70.99 % from Q2, 2017’s 29kobo to 50kobo recorded in Q2, 2018.
The current period’s PE Ratio is at 8.7 and the earnings yield at 11.4%.