PZ Cussons Nigeria Plc reports N1.3bn as profit in Q1

PZ Cussons Nigeria Plc on Monday published its First Quarter report for the period ended 31 August 2022.

The Company reported a N27.39 billion for the 3 months period, up by 23.36% from N22.2 billion reported the previous year.

Profit after tax grew year on year by 464.09% to N1.304 billion from N231 million reported the previous year.

Earnings per share of the Company stands at 33 kobo, up by 464.09% from 6 kobo reported the previous year.

At the share price of N9.20, the P/E ratio of PZ Cussons Nigeria Plc stands at 28.02x with earnings yield of 3.57%.

Source: PZ Cussons Nigeria Plc reports N1.3bn as profit in Q1 – StocksWatch (stocksng.com)

Related Posts


Business & Economy

Stock Market Review: September 18, 2023

The stock market last week closed was down by 1.10% due to profit taking, bringing the All Share Index and Market Capitalisation to 67,395.74 points and N36.886 trillion respectively. Year to date, the market has returned 31.50%. In a stock market review with the MD/CEO of APT Securities and Funds Limited, Mallam Garba Kurfi, the following were discussed:[…]