BOC Gases reports N1.77bn as turnover in Q2 2021

BOC Gases Plc on Thursday published its Q2 reports on for the period ended June 30, 2021 on NGX. The company for the six months period grew its top line and bottom line figures year on year.

BOC Gases reported a turnover of N1.771 billion, up by 19.96% from N1.476 billion reported the previous year.

Profit after tax grew by 27.30% to N168.437 million from N132.312 million reported in Q2 2021.

Earnings per share increased year on year by 27.30% to 40 kobo from the EPS of 32 kobo.

At the share price of N7.70, the P.E ratio of BOC Gases stands at 19.03x with earnings yield of 5.26%.

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