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)

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