Vitafoam Nigeria Plc has reported revenue of N82.64 billion for the year ended 30 September 2024. This represents a growth of 55.96% from N52.99 billion reported the previous year.
Profit after tax of N952.19 million was reported for the 12 months period, down by 78.23% from N4.37 billion reported the previous year.
Earnings per share of the Company stands at 29 kobo
At the share price of N23.5, the P/E ratio of Vitafoam stands at 30.87x with earnings yield of 3.24%.
The Board has recommended a dividend of N1.05 per share to shareholders for declaration at the next Annual General Meeting. The dividend recommended, when approved, is subject to withholding tax at the appropriate rate.