BOC Gases reports 2.76bn as turnover, PAT rises by 65.92% in Q3 2021

Industrial & Medical Gases Nigeria Plc (formerly BOC Gases) on Wednesday published its third quarter report for the period ended 30 September 2020.

A turnover of N2.758 billion was reported for the nine months period, up by 17.48%  from N2.347 billion reported the previous year.

Profit after tax year on year by 65.92% to N322.371 million from 194.293 million reported in Q3 2020.

Earnings per share of the Company increased to 77 kobo for the EPS of 47 kobo achieved the previous year.

At the share price of N10.50, the PE ratio of Industrial & Medical Gases Nigeria Plc stands at 13.56x with earnings yield of 7.38%.

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