NASCON Posted N25bn Turnover in H1 2022 Financial Report

NASCON Allied Industries plc posted an improved Turnover of N25.128 billion for the first six months ended June 30th, 2021, growing by 43% from N17.570 billion posted in HI, 2021

The half year Unaudited report which hit the market on 26th of July, 2022 showed a marginal growth of 5.85% in Profit after Tax from N1.45 billion in 2021 to N1.54 billion in the current period under review.

The earnings per share appreciated to 58kobo from 55kobo in the receding period of 2021.

The PE Ratio for the current period stands at 18.98x and the earnings yield at 5.27% at a reference price of N11.00, it closed on Monday 26th July, 2021.

Source: NASCON Posted N25bn Turnover in H1 2022 Financial Report – StocksWatch (stocksng.com)

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