SCOA Nig. Plc reports N6.5bn turnover in Full Year, 2020

SCOA Nigeria Plc grew its full year turnover in 2020 to N6.526 billion which is about 61.76% improvement from N4.034 billion reported same period in 2019.

The company’s profit after tax (PAT) for the period under review stood at N31.8 million, down by 90% when compared with N319.2 million reported last same period in 2019.

The shareholders’ earnings per share of N0.05 for the period under review when compared with N0.49 reported for the comparative period of 2019, represented 90.04% decline. At a price of N2.93, SCOA’s PE Ratio stood at 59.92x with about 2% earnings yield

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