May and Baker Nigeria Plc released its unaudited results for the first quarter of the year (Q1, 2021).
- Revenue for the period was N2.7 billion. (+47.8% YoY)
- Cost of sales was N1.56 billion. (+11.8% YoY)
- Administrative expenses totalled N211.2 million. (+178.3% YoY)
- Operating profit of N418.98 million. (+482.2% YoY)
- Profit for the year was N247.4 million. (+478% YoY)
- Earnings per share of 14 kobo Vs 2 kobo YoY.
See link to results.