University Press rakes in N2bn as turnover in 9 months

University Press in its Third Quarter report for the period ended 31 December 2022 reported a turnover of N2.015 billion. This represents a marginal growth of 1.54% from N1.984 billion reported the previous year.

Profit after tax of N220 million was reported for the 9 months period, down by 13.70% from N255.17 million reported the previous year.

Earnings per share of the company stands at 51 kobo, down by 13.70% from the EPS of 59 kobo reported the previous year.

At the share price of N1.9, the P/E ratio of University Press stands at 3.72x with earnings yield of 26.87%.

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