Aluminium Extrusion Industries Plc has announced that a final dividend of 8.5kobo per 50kobo ordinary share, subject to appropriate withholding tax and approval will be paid to shareholders whose names appear in the Register of Members as at the close of business on the May 27, 2021.
The company in its Audited Financial Statement for the year ended 31 December, 2020 reported a turnover of N2.33 billion, down by 10.67% from N2.61 billion reported in 2019.
For the period under review, a profit after tax of N149.376 million was declared by the firm up by 133.59% from N63.947 million reported the previous year.
Earnings per share (EPS) increased to 68 kobo from the EPS of 29 kobo, which translates to 133.59% growth year on year.
At the share price of N8.1, P.E ratio of Aluminium Extrusion Industries Plc stands at 11.93x with earnings yield of 8.38%.