PZ Cussons Nigeria Plc has declared a loss after tax of N4.648 billion for the three months ending August 31, 2024.
The manufacturing firm reported revenue of N39.99 billion for this period, representing a 28.7% increase from the N31.07 billion reported in the same period the previous year.
Despite the revenue growth, the company recorded a loss after tax of N4.648 billion, a significant improvement compared to the loss after tax of N38.636 billion reported the previous year.
Earnings per share (EPS) for the company stand at a negative N1.17.
With a share price of N18.85, the price-to-earnings (P/E) ratio of PZ Cussons Nigeria Plc is negative at 16.10x, with an earnings yield of negative 6.21%.
Source: PZ Cussons Nigeria Plc declares N4.65bn loss in Q1 – StocksWatch (stocksng.com)
