Fidson Healthcare posts Profit after Tax of N272.9mn in Q3’19

Fidson Healthcare Plc in its nine months financial report for the period ended, September 30, 2019 recorded a turnover of N10.48 billion, down by 8.48% from N11.45bn recorded in the third quarter of 2018.

Profit after tax declined by 65.04%, closing at N272.9 million from the previous close of N780.7 million in 2018.

Earnings per share declined to N0.13 from the previous earnings per share of N0.37 in the third quarter of 2018.

With reference to the share price of N4, the P. E ratio of Fidelity Bank stands at 30.77x with earnings yield of 3.25%.

 

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