Cutix Plc reports N3.49bn revenue, PAT rises by 15.74% in Q2

Cutix Plc on Tuesday published its Second Quarter report for the six months ended 31 October 2021.

The result shows year on year growth in the company’s topline and bottom line figure.

A turnover of N3.49 billion was reported for the six months period, up by 5.46% from N3.31 billion reported the previous year.

Profit after tax grew by 15.74% to N356.056 million from N307.638 million reported the previous year.

Earnings per share for the period under review stands at 10 kobo.

At the share price of N2.81, the P.E ratio of Cutix Plc stands at 27.8x with earnings yield of 3.60%.

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