Neimeth Plc posts Net Profit of N336.45 million for Q4 period ended 30th September, 2021

Neimeth International Pharmaceutical Plc released its unaudited financial results for the Q4 period ended 30th of September 2021.

  • Revenue during the period was N3.05 billion. (+7.31% YoY)
  • Cost of sales for the period was N1.60 billion (+20.08% YoY)
  • Gross profit stood at N1.45 billion. (-3.94% YoY)
  • Operating profit for the period was N412.83 million. (+4.98% YoY)
  • Profit before tax of N247.37 million was recorded during the period.
  • Profit for the period stood at N336.45 million (+58.35%)
  • Total assets during the period stood at N6.33 billion. (-108.23mn YoY)
  • Earnings per share of 17.72 kobo Vs 11.00 kobo YoY.

See full result here