The third quarter financial report of PRESCO plc for the period ended September 30th 2023 reveals that the group topline figures grew by 29.8% closing at 76.867 billion from the previous close of N59.208 billion in 2022.

The Company’s Profit After Tax improved by 47.8% to settle at N23.47 billion from the previous loss of N15.88 million.

For the period under review, the EPS of the Company grew by 47.83% from a PAT of N15.88 previously reported in the preceding period of 2022 to N23.47.

At a stock price of N181.00, the company’s price to earnings ratio settles at 7.71x with about 13% earnings yield.