The Management of the company that specialized in the manufacturing of chemicals derived from all sorts of substances proposed 20 kobo as dividend for the shareholders in its full year financial reports ended December 31st, 2018 subject to necessary withholding tax and ratification will be paid at the close of business on Friday 19th April, 2019.
The company’s Profit After Tax advanced by 73.85% to close the 2018 financial year at N585.2 million above N336.6 million recorded in 2017.
May&Baker’s advanced its Topline figures to N8.225billion from N8.056 billion reported in its 2017 full year results.Tthis represents a growth of 6.15% for the year ended December 31st 2018.
The Financial Statements released through the NSE on Monday 1st of April revealed that the group profit before tax PBT declined by 5.02% to settle at N817.9 million from the previous N861.1 million in 2017.
However the the EPS of May&Baker stands at N0.34 from N0.20 earned in the preceding year of 2017.
At a stock price of N2.30, the company’s price to earnings ratio settles at 6.78x with about 14% earnings yield as at when computed.
The Register of Shareholders will be closed from 22nd – Z6th Mav, 2019. And Qualification day is scheduled for April 19th 2019