The Unaudited reports for the first six months ended June 30th, 2019 of eTRANZACT INTERNATIONAL plc revealed an improvement of 53.11% in topline figures to close the period at N6.473 billion away from N4.255 billion reported same period the previous period in 2018.
The half year reports which hit the market on 25th of July, 2019 showed a growth of about 160% in Profit before Tax to N141mn better than N231mn deficit recorded in the preceding period of 2018.
The profit after tax for the period under review appreciated from N231mn deficit in 2018 to N96mn in the current report. This represents a growth of 141% year on year.
The earnings per share consequently soared by 141.46%, from 6kobo deficit in 2018 to 2kobo in the period under review.
The PE Ratio for the current period stands at 104x and the earnings yield at 0.96%.