Chellarams Plc reports N3.05bn as turnover in 12 months, PAT rises by 112%

Chellarams Plc on Tuesday published its Audited Financial Statement for the year ended 31 March 2022.

A turnover of N3.054 billion was reported for the 12 months period, up by 120.10% from N1.387 billion reported the previous year.

The Company declared profit after tax of N465 million for the period under review, up by 112% as against the loss after tax of N3.858 billion declared the previous year.

Earnings per share for the period under review stands at 64 kobo.

At the share price of N2.24, the P/E ratio of Chellarams Plc stands at 3.48x with earnings yield of 28.73%.

Source: Chellarams Plc reports N3.05bn as turnover in 12 months, PAT rises by 112% – StocksWatch (stocksng.com)

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