May and Baker Plc grows profit by 56.28% to N1.59bn

May and Baker Plc recently published its unaudited financial statement for the year ended 31 December 2024

The Company reported revenue of N28.905 billion for the 12 months period, up by 46.76% from N19.695 billion reported the previous year

Profit after tax grew year on year by 56.28% to N1.693 billion from N1.083 billion reported the previous year.

Earnings per share of May and Baker stands at N0.98.

At the share price of N7.75, the P/E ratio of May and Baker stands at 8.77x with earnings yield of 11.41%.

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