Presco Plc declares final dividend of N24.30 to shareholders in FY 2023, grew profit by 152%

Presco Plc has declared a final dividend of N24.30 to shareholders for the year ended 31 December 2023.

The Group reported revenue N102.42 billion for the 12 months period, up by 26.4% from N81.03 billion reported in FY 2023.

Profit after tax grew year on year by 152.15% to N32.86 billion from N13.03 billion reported the previous year.

Earnings per share of Presco stands N32.86.

At the share price of N209, the P/E ratio of Presco stands at 6.36x with earnings yield of 15.72%.

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