Cutix Plc released its unaudited financial results for the first quarter of the year ended 31st of July, 2021.
- Revenue for the period was N1.86 billion. (+25.3% YoY)
- Cost of sales was N1.39 billion. (+27.6% YoY)
- Administrative expenses totalled N188 million. (+44.5% YoY)
- An operating profit of N234.97 million was declared.
- Profit for the period was N137.02 million. (+5% YoY)
- Earnings per share of 8 kobo Vs 7 kobo YoY.
See link to results.