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 (

Related Posts


Business & Economy

NGX appoints advisory panel on digital technology products

The Nigerian Exchange Limited has set up the NGX Digital and Technology Products Advisory Panel. The Panel would provide a forum for the Exchange to interact with the capital market community and the fintech ecosystem to enhance and increase NGX’s digital product offerings. Responsibilities of the Panel include but are not limited to providing insight into product […]

Business & Economy

Fidelity Bank CEO gets recognition as banker of the year 2022

The Managing Director of Fidelity Bank Plc, Nneka Onyeali-Ikpe, has been honoured with the Banker of the Year 2022 award. According to a statement, the bank said Onyeali-Ikpe was presented with the award at the 14th Leadership annual conference and awards, organised by the Leadership Media Group, publishers of Leadership newspapers. Onyeali-Ikpe stated, “I am grateful for[…]