Academy Press reports N2.1bn revenue in 6 months

Academy Press Plc on Thursday published its second quarter report for the six months ended 30 September 2021.

The report shows significant growth in the company’s topline and bottom line figures.

A turnover of N2.109 billion was reported for the six months period, up by 285.57% from N547.027 million reported the previous year.

Profit after tax grew by 230.71% to N197.197 million from a loss after tax of N150.867 million delared the previous year.

Earnings per share for the period under review stands at 33 kobo, up by 230.71% from the earnings per share of -25 kobo reported the previous year.

At the share price of 36 kobo, the P.E ratio of Academy Press stands at 1.1x with earnings yield of 90.57%.

Leave a Reply

Your email address will not be published. Required fields are marked *