May & Baker Plc released its first quarter result for 2019 on Tuesday, May 2, 2019. The company made a turnover of N1.87bn, which is actually a decline of 14.35% when compared to the previous turnover of N2.18 bn in Q1’18.
Profit after Tax (PAT) declined by 17.57% to close at N133.59 million against the previous PAT of N162 million in the first quarter of 2018.
The earnings per share (EPS) of the firm for the period under review is 7.74 kobo, compared to the previous EPS of 9.39 kobo in Q1’18.
With reference to the share price of N2.25, the PE ratio of May & Baker in Q1’19 stands at 29.06x with earnings yield of 3.44%.