According to the Chemical and Allied Products Plc, The company’s full year scorecard released to the market on 29thMarch, 2019 revealed the company’s Gross sales for the year ended rose by 235.31% to arrive at 77.64 billion when compared with N23.13 billion recorded same period last year.
CAP Plc fully operate in the coatings business and fully provides a wide range of quality products and services, ended the year 2018 with a profit after tax of N2.029 billion in contrast to the N803.6 million recorded same period last year. This translates to 152.51% year on year bottom-line growth.
The company’s shareholders’ earnings per share dropped by 152.51% to stand at N2.90 from N1.15 reported last same period.
Its PE Ratio is at 12.90x at a reference price of N37.40 with an earnings yield of 7.75%.
A Final Dividend of 250 kobo per share subject to shareholders’ approval and appropriate withholding tax will be paid to shareholders whose names appear in the Register of Members as at the close of business on May 24, 2019