Berger Paints posts N3.83bn turnover in 2020 year end

 

Berger Paints Nigeria Plc in its published Fourth Quarter report for the period ended 31 December 2020 reported a turnover of N3.83 billion, up by 6.86% from N3.58 billion reported in 2019.

Profit for the year 2020 was N104.72 million, down by 76.66% from N448.73 million achieved in 2019.

Earnings per share (EPS) of the firm dropped to N0.36 from the EPS of N1.55 reported the previous year.

At the share price of 8.05, the P.E ratio of Berger Paints Nigeria Plc stands at 22.28x with earnings yield of 4.49%.

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