Julius Berger profit after tax surges by over 500% to N2.83 billion in Q1 2021

Julius Berger Nigeria Plc released its unaudited results for the first quarter of the year (Q1, 2021).

  • Revenue for the period was N71.2 billion. (+27.3% YoY)
  • Cost of sales was N58.2 billion. (+28.6% YoY)
  • Administrative expenses totalled N9.09 billion. (+0.8% YoY)
  • Operating profit of N5.15 billion. (+286.3% YoY)
  • Profit for the period was N2.83 billion. (+585.4% YoY)
  • Earnings per share of N1.52 Vs N0.72 YoY.

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