Portland Paints and Products Nigeria Plc released its unaudited results for the first quarter of the year (Q1, 2021).
- Revenue from contracts with customers was N476.46 million. (+22% YoY)
- Cost of sales was N317.6 million. (+24.2% YoY)
- Administrative expenses totalled N86.7 million. (-22.7% YoY)
- Profit from continuing operations was N14.92 million. (+131.5% YoY)
- Earnings per share of 2 kobo (+133.3% YoY)
See link to results.