Fidson Healthcare announces N12.9bn turnover, PAT rises by 137.71%

Fidson Healthcare Plc has published its Second Quarter earnings for the period ended 30 June 2021.

The result shows significant growth in the company’s top line and bottom line figures, year on year.

A turnover of N12.895 billion was reported for the six months period, up by 57.17% from N8.205 billion reported the previous year.

Profit after tax soared by 137.17% to N1.19 billion from N500.635 million reported the previous year.

Earnings per share (EPS) of the Healthcare Company increased to 57 kobo form the EPS of 24 kobo, which translates to 137.17% growth year on year.

At the share price of N6.50, the P.E ratio of Fidson Healthcare Plc stands at 11.40x with earnings yield of 8.78%.

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