Cutix Plc posts profit after tax of N624.3 million in Q4 2020.

Cutix Plc released its fourth quarter unaudited results for the period ended 30th April, 2021.

  • Revenue for the period was N6.7 billion. (+34.2% YoY)
  • Cost of sales was N4.94 billion.(+34.8% YoY)
  • Administration expenses totalled N552.7 million.(-6.3% YoY)
  • Profit for the period was N624.3 million.(+101.8% YoY)
  • Earnings per share of 35 kobo Vs 18 kobo YoY.
  • Total assets per share of N2.56 Vs N1.99 YoY.

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