Chapel Hill Denham Nigerian Infrastructure Debt Fund (NIDF) reports N13.7bn profit in 9 months

Nigerian Infrastructure Debt Fund (NIDF) of Chapel Hill Denham on Thursday published its Third Quarter report for the period ended 30 September 2024.

The Financial Institution reported a turnover of N15.138 billion for the 9 months period, up by 27.57% from N11.866 billion reported the previous year.

Profit after tax of N13.698 billion was achieved for the 9 months period, up by 29.47% from N10.58 billion reported the previous year.

Earnings per share of the Chapel Hill Denham Nigerian Infrastructure Debt Fund stands at N14.25.

At the share price of N111.7, the P/E ratio of the Company stands at 7.84x with earnings yield of 12.76%

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