The Unaudited reports for the third quarter ended September 30th, 2019 of Aluminium Extrusion Industries plc revealed an improvement of 3.16% in topline figures to close the period at N2.100bn away from N2.035bn reported same period the previous year in 2018.
The first nine months financial reports which hit the market on the 23rd October, 2019 showed a decline of about 60% in Profit After Tax to N24mn, below N61mn recorded in the preceding year of 2018.
The earnings per share consequently dropped by 60.36%, from 28kobo of 2018 to 11kobo in the period under review.
The PE Ratio for the current period stands at 73x and the earnings yield at 5.16%.