CWG Plc declares 39 kobo dividend to shareholders as profit rises by 428%

CWG Plc has declared a final dividend of 39 kobo to shareholders for the year ended 31 December 2024.

The Group reported revenue of N46.35 billion for the 12 months period, up by 97% from N23.53 billion revenue reported the previous year.

Profit after tax grew year on year by 428.41% to N3.044 billion from N576.084 million reported the previous year.

Earnings per share of the CWG Plc stands at N1.21.

At the share price of N8.90, the P/E ratio of CWG Plc stands 7.38x with earnings yield of 13.55%.

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