FY’20: LIVESTOCK Files N11bn Turnover, Grows PAT by 232.9%

Livestock Feeds Plc has filed a growth of 232.9% in Profit After Tax (PAT), closing the period at N354mn better than N106mn filed in 2019. 

The 2020 unaudited financial reports of the Company was made public, on Wednesday, 27th March, 2021 which showed an appreciation in Turnover of N11.179bn in the current period from N9.955bn made in the same period the previous year of 2019.

The earnings per share of the company advanced by 232.97% to 12 kobo from 4 kobo in 2019, while the current period’s PE Ratio is at 21.94x and the earnings yield stands at 4.56% with a reference stock price of N2.59.

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