Fidson Healthcare Plc boosts Half Year profit by 127.16%

Fidson Healthcare Plc in the First Half of year 2022 achieved significant growth in its topline and bottom line figures.

A turnover of N20.38 billion for the 6 months period, up by 57.62% from N12.93 billion reported the previous year.

Profit after tax grew year on year by 127.16% to N2.7 billion from N1.19 billion achieved the previous year.

Earnings per share of the company increased to N1.18 from the EPS of N0.52 reported in HY 2021.

At the share price of N10, the P/E ratio of Fidson Healthcare stands at 8.49x with earnings yield of 11.78%.

Source: Fidson Healthcare Plc boosts Half Year profit by 127.16% – StocksWatch (stocksng.com)

Related Posts

25

May
Business & Economy

Stock Market Review: May 25, 2023

The stock market on Wednesday closed on a positive note with 0.58% growth. The All Share Index and Market Capitalisation stands at 52,927.60 points and 28.819 trillion respectively. In a stock market review with Gilbert Ayoola, a capital market expert, the following were discussed: Excerpts: The monetary policy committee of CBN has increased MPR to 18.5%. How will this […]

25

May
Business & Economy

Oando kicks-off Sustainable Transport Initiative in Lagos State with launch of Electric-Mass Transit buses

Oando Clean Energy Limited (OCEL) has achieved a groundbreaking milestone with the launch of the first phase of its Sustainable Transport Initiative for Lagos State. The initiative will see OCEL introducing electric buses to LAMATA’s current fleet of buses. The endeavor aims to support the transformation of the State’s public transport system through the development and deployment[…]