Japaul Oil reports N193.5m turnover in Q1’20

Japaul Oil & Maritime Services Plc provides marine offshore construction, marine equipment leasing, and oilfield marine support services. The company’s first quarter result hit the market on June 29th, 2020 revealing a topline figures of N193.487mn in Q1’2020 appreciated by 36.49%, from N141.756mn in the Q1’19.

The Company’s Profit After Tax grew by 104%, to arrive at N22.7mn for the period under review from a loss after tax of N555.7mn reported in Q1’19.

The company earnings per share also advanced by over 104.08%, while the Company’s PE Ratio stands at 63.49x with an earnings yield of 1.58%.

 

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