Geregu Power Plc reports N8.05bn profit in 6 months

Geregu Power Plc has reported a turnover of N34.696 billion for the period ended 30 June 2023. This represents a growth of 2.65% from N33.801 billion reported the previous year.

Profit after tax of N8.054 billion for the 6 months period, down by 11.52% from N9.102 billion achieved the previous year.

Earnings per share of the Company stands at N3.22.

At the share price of N315, the P/E ratio of Geregu Power stands at 97.78x with earnings yield of 1.02%.

Source: Geregu Power Plc reports N8.05bn profit in 6 months – StocksWatch (stocksng.com)

Related Posts

02

Sep
Business & Economy

SEC launches redesigned website

The Securities and Exchange Commission (SEC) has officially launched its newly redesigned official website, making a significant approach toward enhancing digital engagement, regulatory transparency, and investor protection. The regulator, in a statement on Monday, said the upgrade introduces a modern design, enhanced functionality, and a streamlined user experience aimed at investors, market operators, and the general public. According to […]

01

Sep
Business & Economy

Nigerian Stock Market Extends Losing Streak

The Nigerian stock market closed lower last week, extending its bearish run as profit-taking hit 57 stocks. The All-Share Index (ASI) fell by 0.50%, settling at 140,295.49 points compared to 141,004.14 points in the prior week. Similarly, market capitalization declined by 0.49%, closing at ₦88.769 trillion from ₦89.209 trillion, representing a loss of about ₦440 billion. On[…]