Academy Press grows topline and bottom line figures in Q1

Academy Press Plc on Monday published its Financial Statement for the first quarter ended 30th June 2021. The report shows significant growth in the company’s top line and bottom line figures.

 The company reported a turnover of N762.497 million, up by 356.05% from N167.195 million reported the previous year.

Profit after tax grew by 185.10% to N180.417 million from N63.282 million reported the previous year.

Earnings per share (EPS) of the company increased year on year by 185.10% to 30 kobo from the EPS of 10 kobo.

At the share price of 35 kobo, the P.E ratio of Academy Press Plc stands at 1.17x with earnings yield of 85.23%.

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