Q3’20: SFS Real Estate Investment Grows Profit by 4% to N140mn

SFS Real Estate Investment Trust Plc filed 4.15% growth in Profit After Tax (PAT) to stand at 140.5mn better than N134.9mn reported in 2019

The third quarter financial reports of the Company was released on 16th October, 2020 which showed a growth in Turnover from N172mn recorded in the same period the previous year to arrive at 188.9mn recorded in the current period under review

The earnings per share soared by 4.15% while the current period’s PE Ratio is at 9.86x and the earnings yield stands at 10.14% with a reference price of N69.30 at the close of trade on October 16th, 2020.

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