Japaul Gold reports N4.12bn revenue in FY 2024, grows profit by 163.69%

Japaul Gold and Ventures Plc on Thursday published its year-end Financial Statement for 2024.

The Company reported revenue of N4.122 billion for the 12 months period, up by 58.74% from N2.597 billion reported in 2023 year end.

Profit after tax grew year on year by 163.69% to N1.833 billion from N695.155 million reported the previous year.

Earnings per share of Japaul Gold stands at 13 kobo

At the share price of N2.15, the P/E ratio of Japaul Gold stands at 16.73x with earnings yield of 5.98%.

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