NASCON reports N33.28bn as turnover, PAT rises by 10.43%

NASCON Allied Industries Plc on Monday published its Audited Financial Statements for the year ended 31 December 2022.

The company declared a final dividend of 40 kobo to shareholders for 2021 financial year.

A turnover of N33.28 billion for the 12 months period, up by 18.81% from N28.01 billion reported the previous year.

The Company reported a profit after tax of N2.97 billion, up by 10.43% from N2.69 billion

Earnings per share increased year on year by 10.43% to N1.12 from the EPS of N1.02.

At the share price of N14.40, the P/E ratio of NASCON stands at 12.84x with earnings yield of 7.79%.

Source: NASCON reports N33.28bn as turnover, PAT rises by 10.43% – StocksWatch (stocksng.com)

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