DAAR COMMUNICATION grew turnover by 26.63% in Q1’19

The unaudited financial report of DAAR COMMUNICATION Plc for the first quarter ended March 31, 2019 revealed a turnover growth of 26.63% as revenue closed at N1.156 billion against the previous close of N913.3 million in the first quarter of 2018.

Profit after Tax soared by 101% to close at N2.431 million compared with the PAT of N199.6 million deficit in Q1’18.

The earnings per share (EPS) of the company for the period under review appreciated by over 100% from the previous EPS of 2 kobo deficit in the first quarter of 2018.

With reference to the share price of N0.40, the PE ratio of DAAR COMMUNICATION Plc in Q1’19 stands at 1974.50x with earnings yield of 0.05%.

 

Leave a Reply

Your email address will not be published. Required fields are marked *