Geregu Power Plc reports N8.05bn profit in 6 months

Geregu Power Plc has reported a turnover of N34.696 billion for the period ended 30 June 2023. This represents a growth of 2.65% from N33.801 billion reported the previous year.

Profit after tax of N8.054 billion for the 6 months period, down by 11.52% from N9.102 billion achieved the previous year.

Earnings per share of the Company stands at N3.22.

At the share price of N315, the P/E ratio of Geregu Power stands at 97.78x with earnings yield of 1.02%.

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