2013 FY: AG Leventis Plc Post 42% Rise in Profit After Tax…See Details

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AG Leventis released its 2013 FY results showing a profit after tax of N405million 43% higher than the N284million posted a year earlier.

Key take outs

• Gross revenue rose 7.8% to N11.9billion (2012 FY N11billion)
• Gross Profit rose 9% to N3billion (2012 FY N2.5billion
• Operating profit rose 39% to N1.1billion compared to N829million posted a year earlier
• Margins also improved during the period under review
• Loans increased to N4.6billion compared to N4.2billion a year earlier