The long awaited Q3 2024 financial report of FCMB Group Plc for the period ended 30, September 2024 was published on Tuesday. The result shows significant growth in the Company’s topline and bottom line figures, year on year.
Gross Earnings of N587.773 billion was reported for the 9 months period, up by 67.2% from N351.532 billion reported the previous year.
Profit after tax grew year on year by 67.63% to N82.395 billion from N49.153 billion reported the previous year.
Earnings per share of the Company stands at N4.16.
At the share price of N9, the P/E ratio of FCMB stands at 2.16x with earnings yield of 46.23%.
Source: FCMB Group Plc reports revenue of N587.77bn in 9 months, profit rises by 67.63% – StocksWatch
