The published financial statement of SFS Real Estate Investment Trust for the period ended 30 June 2021 shows decline in the company’s top line and bottom line figures.
The company reported a turnover of N112.134 million, down by 4.71% from N117.679 million reported in Q2 2020.
Profit after tax of N77.044 million was reported for Q2 2021, down by 14.85% from N90.478 million reported in Q2 2020.
Earnings per share (EPS) of the company dropped to N3.85 from the EPS of N4.52 achieved the previous year.
At the share price of N68.6, the P.E Ratio of SFS Real Estate Investment Trust stands at 17.81x with earnings yield of 5.62%.