Nigerian Exchange Group reports N6.8bn as turnover, PAT rises by 22.25% in FY 2021

Nigerian Exchange Group on Tuesday published its Audited Financial Statement for the year ended 31 December 2021.

The result shows year on year growth in the Group’s top line and bottom line figures.

The Group reported a turnover of N6.799 billion, up by 12.95% from N6.019 billion.

Profit after tax of N2.248 billion was achieved for the 12 months period, up by 22.25% from N1.839 billion reported the previous year.

Earnings per share of NGX Group for the period under review grew to N1.14 from the EPS of N0.94.

At the share price of N25.30, the P/E ratio of NGX Group stands at 22.1x with earnings yield of 4.52%.

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