Industrial and Medical Gases reports N2.73bn revenue in 6 months, PAT rises by 20.93%

Industrial and Medical Gases Nigeria Plc Wednesday published its Second Quarter report for the period ended 30 June 2023.

The Company reported revenue of N2.726 billion for the 6 months period, up by 14.58% from N2.379 billion reported the previous year.

Profit after tax grew year on year by 20.93% to N325.065 million from N268.799 million reported the previous year.

The earnings per share of the Company stands at N0.65.

At the share price of N8.8, the P/E ratio of Industrial and Medical Gases Nigeria Plc stands at 13.52x with earnings yield of 7.4%.

Source: Industrial and Medical Gases reports N2.73bn revenue in 6 months, PAT rises by 20.93% – StocksWatch (stocksng.com)

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