Ardova Plc reports N62.93bn as turnover, PAT declines by 83.36% in Q1 2022

Ardova Plc in the First Quarter of 2022 reported a turnover of N62.934 billion, up by 49.89% from N41.987 billion reported the previous year.

Profit after tax for the 3 months period was N193.196 million, down by 83.36% from N1.16 billion reported in Q1 2021.

Earnings per share of the Group dropped to 15 kobo in Q1 2022 from the earnings per share of 89 kobo achieved in Q1 2021.

At the share price of N13.05, the P/E ratio of Ardova stand at 87.98x with earnings yield of 1.14%.

Source: Ardova Plc reports N62.93bn as turnover, PAT declines by 83.36% in Q1 2022 – StocksWatch (stocksng.com)

Related Posts

21

Oct
Business & Economy

African Stockbrokers and Securities Dealers (ASSDA), AELP to host capacity building for members in November 26

Join Us for the AELP Capacity Building & African Stockbrokers and Securities Dealers (ASSDA) Forum ASEA Annual Conference Day 1, 26th November 2025 The African Exchanges Linkage Project (AELP) and the African Stockbrokers and Securities Dealers Association (ASSDA) has invited its members to the second annual Capacity Building & Stockbrokers Forum, following the successful inaugural event in […]