Fidson Healthcare boosts Q1 2021 profit by 281%

Fidson Healthcare Plc in its First Quarter report for the period ended 31 March 2021 grew its topline and bottom line figures.

The company reported a turnover of N6.32 billion, up by 68.48% from N3.75 billion reported in Q1 2020.

Profit after tax appreciated by 281.39% to N579.553 million from N151.958 million reported in Q1 2020.

Earnings per share of Fidson in Q1 2021 increased by 281.39% to 28 kobo from the EPS of 7 kobo achieved in Q1 2020.

At the share price of N4.8, the P.E ratio of Fidson Healthcare stands at 17.28x with earnings yield of 5.79%

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