Presco Plc posts 174% growth in PAT for Q3 period ended 30th September, 2021

Presco Plc released its unaudited financial results for the nine months period ended 30th of September 2021.

  • Revenue during the period was N34.24 billion. (+80.94% YoY)
  • Cost of sales for the period was N10.71billion (+53.03%)
  • Gross profit stood at N23.52 billion. (+97.32% YoY)
  • Operating profit for the period was N18.13 billion. (+132.47% YoY)
  • Profit before tax of N17.58 billion was recorded during the period.
  • Profit for the period stood at N13.78 billion (+173.84%).
  • Total assets during the period stood at N87.39 billion. (+13.62bn YtD)
  • Earnings per share of N13.78 Vs N5.03 YoY.

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