Cutix Plc reports N7.88bn as turnover, PAT rises by 29.41% in 12 months

Cutix Plc recently published its Fourth Quarter report for the 12 months period ended 30 April 2022.

The report shows year on year growth in the Company’s top line and bottom line figures for the 12 months period.

A turnover of N7.879 billion was reported for the 12 months period, up by 16.82% from N6.745 billion reported the previous year.

Profit after tax grew by 29.41% to N807.874 million from N624.263 million reported the previous year.

Earnings per share increased year on year by 29.41% to 23 kobo from the EPS of 18 kobo achieved the previous year.

At the share price of N2.61, the P/E ratio of Cutix Plc stands at 11.38x with earnings yield of 8.79%.

Source: Cutix Plc reports N7.88bn as turnover, PAT rises by 29.41% in 12 months – StocksWatch (stocksng.com)

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