NAHCO Plc post 27% decline in 2020 FY post-tax profits

NAHCO Plc released its 2020 FY results reporting a revenue of N7.33 billion representing a 26.66% decline from the N9.99 billion revenue reported a year earlier.

  • Operating expenses during the year was N2.37 billion in 2020 compared to N2.53 billion in 2019. -6.40% YoY
  • The company reported a profit after tax of N171.31 million in 2020 compared to N717.20 million in 2019. –76.11% cut YoY.
  • It reported an earnings per share of 10 kobo in 2020 compared to 44 kobo earnings per share reported in 2019. –77.27% YoY.
  • No dividend announcement was made in their press release.
  • The company share price of N2.18, down 5.22% YTD.

See link to results.

 

 

 

 

 

SAHCO Plc post 23% post-tax increase in 2020 FY results

SAHCO Plc released its 2020 FY results reporting a revenue of N6.98 billion representing an 8.94% decline from the N7.67 billion revenue reported a year earlier.

  • Operating expenses during the year was N2.37 billion in 2020 compared to N2.58 billion in 2019. –8.07% YoY
  • The company reported a profit after tax of N639.10 million in 2020 compared to N446.53 million in 2019. +43.13% cut YoY.
  • It reported an earnings per share of 47 kobo in 2020 compared to 33 kobo earnings per share reported in 2019. +42.42% YoY.
  • No dividend announcement was made in their press release.
  • The company share price of N2.88, down 10% YTD.

See link to results.

 

CWG Plc post 23% increase in 2020 FY post-tax profits

CWG Plc released its 2020 FY results reporting a revenue of N11.805 billion representing a 23.40% increase from the N9.57 billion revenue reported a year earlier.

  • Operating expenses during the year was N1.80 billion in 2020 compared to N2.38 billion in 2019. -24.40% YoY
  • The company reported a profit after tax of N487.22 million in 2020 compared to N72.74 million in 2019. +569.79% YoY.
  • No dividend announcement was made in their press release.
  • The company share price of N3.12, up 59.18% YTD.

See link to results.