Cutix Plc reports N5.065bn revenue in 6 months, profit grew by 22.5%

The Second Quarter report of Cutix Plc for the period ended 31 October 2023 was published on Thursday, November 30, 2023.

Cutix Plc is one of the listed Companies on NGX with special year end. The financial year of the company ends in April.

The Company reported a turnover of N5.065 billion for the six months period, up by 14.59% from N4.42 billion reported the previous year.

Profit after tax grew year on year by 22.5% to N452.138 million from N369.089 million reported the previous year.

Earnings per share of the Company stands at 13 kobo.

At the share price of N2.34, the P/E ratio of Cutix Plc stands at 18.23x with earnings yield of 5.49%.

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