CAP Plc reports N1.22bn profit in FY 2020

Chemical & Allied Products Plc on Tuesday published its Audited Financial Statement for the year ended 31 December.

The company reported a turnover of N8.735 billion, up by 3.86% from N8.41 billion reported in 2019.

Profit after tax of N1.22 billion was reported, down by 29.79% from NN1.74 billion achieved the previous year.

The earnings per share (EPS)of the company came down to N1.75 from the EPS of N2.49 achieved in 2019.

At the share price of N22.2, the P.E ratio of CAP Plc stands at 12.71x with earnings yield of 7.87%.

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