Lafarge Africa Plc on Thursday published its First Quarter report for the 3 months ended, 31 March 2021.
The Cement manufacturing company reported a turnover of N90.61 billion for the 3 months period, up by 26.77% from N71.47 billion reported the previous year.
Profit after tax grew year on year by 92.18% from N17.56 billion from N9.14 billion reported in Q1 2021.
Earnings per share on the Group increased by 92.18% to N1.09 from the EPS of N0.57 achieved in Q1 2021.
At the share price of N23.25, the P/E ratio of Lafarge Africa stands at 21.33x with earnings yield of 4.69%.