PZ reports N47bn as turnover, PAT rises by 213% in Q2

PZ Cussons Nigeria Plc on Thursday published its second quarter result for the six months ended November 30, 2021.

The result shows year on year growth in the company’s topline and bottom line figures for the period under review.

A turnover of N47.088 billion was reported for the six months period, up by 25.97% from N37.379 billion reported the previous year.

Profit after tax grew by 213.44% to N2.573 billion from N820.934 million reported the previous year.

Earnings per share (EPS) of the company for the six months period stands at 65 kobo, up by 213.44 form the EPS of 21 kobo.

At the share price of N5.90, the P.E ratio of PZ stands at 9.10x with earnings yield of 10.98%.

Leave a Reply

Your email address will not be published. Required fields are marked *