PZ CUSSONS grows profit after tax by 111% to N10bn in FY 2024

PZ CUSSONS Nigeria Plc has recorded significant growth in its top line and bottom line figures for the year ended 31 December 2024.

The company reported Gross Earnings of N212.6 billion for the 12 months period, up by 40% from N152 billion reported the previous year.

Profit after tax grew year on year by 111.15% to N10.07 billion from -N90 billion reported in FY 2023.

With the Shares Outstanding of 36.9 billion relatives to the profit after tax of N111 billion, the Earnings per share of PZ stands at N2.54.

At the share price of N36.05, the P/E ratio of company stands at 14.20x with earnings yield of 7.03%.

Source: PZ CUSSONS grows profit after tax by 111% to N10bn in FY 2024 – StocksWatch

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