The Second Quarter report of Presco Plc for the period ended 30 June 2024 has revealed significant growth in the Company’s topline and bottom line figures, year on year.
The Group reported revenue of N80.02 billion for the 6 months period, up by 83.10% from N48.07 billion reported the previous year.
Profit after tax grew year on year by 157.75% to N38.877 billion from N15.083 billion reported the previous year.
Earnings per share of Presco stands at N38.88.
At the share price of N413, the P/E ratio of Presco stands at 10.62x with earnings yield of 9.41%