PRESCO garners N48bn Revenue, Improves EPS by 11.94% in HY’2023

PRESCO half year result hits the market on August 1st, 2023 revealing a total revenue of N48.072 billion in H1’2023 grew by 15.25%, from N41.710 billion in the preceding period of 2022.

The Company’s Profit After Tax grew by 11.94%, to arrive at N15.083 billion for the period under review from N13.475 billion reported in 2022.

The company earnings per share also improved by over 11%, while the Company’s PE Ratio stands at 14.59x with an earnings yield of 6.86%.

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