Julius Berger boosts Q1 2022 profit by 31.8%

Julius Berger last week Friday reported growth in its top line and bottom line figures for the First Quarter ended 31 March 2022.

The construction giant reported a turnover of N106.45 billion for the 3 months period, up by 49.50% from N71.2 billion reported in Q1 2021.

Profit after tax of the Company grew by 31.8% to N3.726 billion from N2.827 billion reported the previous year.

Earnings per share of the construction giant stands at N2.33, up by 31.8% from the EPS of N1.77 achieved the previous year.

At the share price of N30.40, the P/E ratio of Julius Berger stands at 13.05x with earnings yield of 7.66%.

Source: Julius Berger boosts Q1 2022 profit by 31.8% – StocksWatch (stocksng.com)

Related Posts

07

Feb
Business & Economy

Consolidated Hallmark Holdings Plc grows profit by 513.7% to N23.13bn in Q4 2024

The Unaudited Financial Statements of Consolidated Hallmark Holdings Plc for the year ended 31 December 2024 revealed significant growth in the Company’s revenue and profit after tax. Gross Earnings of N28.17 billion was achieved for the 12 months period, up by 340.17% from the Gross Earnings of N6.4 billion recorded the previous year. Profit after tax of […]

07

Feb
Business & Economy

Fidelity Bank Plc increases share capital to N36.7bn

Fidelity Bank Plc has notified the Nigerian Exchange and the investing public that it has increased its issued share capital from N26.7 billion to N36.7 billion by creation of 20 billion additional Ordinary Shares of 50 kobo each. At the recently concluded Extra-Ordinary General Meeting, the board has been authorised to raise additional capital up to the[…]