Presco Plc has proposed a final dividend of N6.60 to its shareholders for the year ended 31 December 2021. This is in addition to an interim dividend of N1 already paid, making a total dividend pay-out of N7.60.
The Company reported a turnover of N47.112 billion for the 12 months period, up by 97.19% from N23.892 billion reported the previous year.
Profit after tax grew by 276.7% to N19.82 billion from N5.26 billion reported the previous year.
Earnings per share of Presco stands at N19.82, up by 276.7% from the EPS of N5.26 reported in FY 2020.
At the share price of N200, the P/E ratio of Presco Plc stands at 10.09x with earnings yield of 9.91%.