Presco Plc last week published its Unaudited Financial Statements for the year end 31 December 2024.
The Oil Palm producing Company reported revenue of N198.16 billion for the 12 months period, up by 93.48% from N102.42 billion reported the previous year.
Profit after tax of N104.279 billion was achieved for the 12 months period, up by 217.33% from N32.861 billion reported the previous year.
Earnings per share of Presco stands at N104.28
At the share price of N585, the P/E ratio of Presco stands at 5.61x with earnings yield of 17.83%
At the current price of #585 investors with long term plan can watch price movement and take position at a very good entry point,
Possiblity of biggest dividend or bonus that has never been offered before this year.
Earnings per share of #104 made this company one of the most successful listed company on the floor of the Nigerian exchange group.