Julius Berger Posted N192bn in Q3’19 Financial Report

The Q3 Unaudited reports of Julius Berger plc revealed an improvement of 62% in topline figures to close the period at N192.27bn away from N118.47bn reported same period the previous year in 2018.

The nine months financial reports which hit the market on the 30th Oct., 2019 showed a growth of about 48% in Profit before Tax to N7.5bn, above N5bn recorded in the preceding period of 2018.

The profit after tax for the period under review soared from N3.4bn in 2018 to N5.3bn in the current report, which imply 56% growth in (PAT).

The earnings per share consequently grew by 56.11%, from N2.58 in 2018 to N4.02 in the period under review.

The PE Ratio for the current period stands at 4.61x and the earnings yield at 21.60%.

Leave a Reply

Your email address will not be published. Required fields are marked *