Cutix Plc reports N2.17bn as turnover in Q1

Cutix Plc has reported a turnover of N2.173 billion in its Q1 report for the period ended 31 July 2023. This represents 13.52% growth from 1.914 billion reported the previous year.

Profit after tax of N70.971 million was achieved for the 3 months period, down by 26.09% from N96 million reported the previous year.

Earnings per share of the company stands at 2 kobo.

At the share price of N2.25, the P/E ratio of Cutix Plc stands at 111.68x with earnings yield of 0.90%.

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