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)

Your Comment:

Related Posts

Market Update

Market plunged by 0.50% as 43 stocks shed weight

Nigerian stock market on Monday plunged by 0.50% as 41 stocks led by Linkage Assurance shed weight The All Share Index closed at 148,781.90 points from the previous close of 149,524.81 points. The Market Capitalisation declined by 0.50% to close at N94.526 trillion from the previous close of N94.998 trillion, thereby shedding N472 trillion. An aggregate of […]

Read Article

05

Nov
Market Update

Stock market extends down trend by 0.72%

It was yet another bearish session on the floor of the Nigerian stock market on Tuesday as downtrend extended on profit taking by investors. The All Share Index dropped by 0.72% to close at 152,629.60 points from the previous close of 153,739.11 points. The Market Capitalisation declined by 0.63% to close at N96.971 trillion from the previous[…]

Read Article