C&I Leasing and business service conglomerate provides support services to various indigenous and multinational organizations in West Africa along three lines:
Fleet Management, Personnel Outsourcing and Marine Services. The C&I Leasing group of companies has a cumulative staff strength of over 5,000 employees across Nigeria but has its operational offices in Lagos, Benin, Port-Harcourt, Calabar, Enugu and Abuja.
The company has also been listed on the Nigerian Stock Exchange since 1997 and is invested in the following subsidiaries – Leasafric Ghana Limited, Epic International FZE Dubai and most recently took full ownership of C&I Petrotech Marine Limited.
According to its Full year Results released to the market on Friday 31st May, 2019, the Revenue for the period improved by 31.87% to about N28bn when compared with N21bn recorded same period in 2017.
The company grew its Full Year bottom line Figures by 7.46% to settle at N1.197bn away from N1.114bn recorded same period in 2017.
The company’s shareholders’ earnings per share added 20kobo to stand at N2.96 which is about 7% improvement on the previous reported N2.76 earnings per share of the last same period in 2017.
The PE Ratio is at 2.43x at a reference price of N7.20 and earnings yield of 41.15%.
No dividend information as the time the result was released to the market