According to the 2019 Q1 scorecard of Chemical And Allied Plc, released to the market on Thursday 25th April, 2019 which indicated an improvement of about 8% in the company’s Revenue for the first three months of 2019 to N2.120 billion when compared with N1.962 billion recorded same period last year.
The company that major in Manufacturing and Marketing of Paints, Crop Protection and Public Health, Pharmaceuticals & Household Products ended the first quarter of the year 2019 with a net profit of N498.9 million in contrast to the N462.2 million recorded same period last year. This translates to about 8% year on year bottom-line growth.
The company’s earnings per share stands at N0.71, which is 7.93% better than N0.66 previously reported as earnings per share of the last same period.
Its PE Ratio is at 47.70x at a reference price of N34.00 with an earnings yield of 2.10%.