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[Corporate Action] Julius Berger’s Profit After Tax Drops By 46% to N3 billion In Q3’2015

Julius Berger Nigeria Plc released its financial results for the nine months ended 30 September 2015. The result showed that revenue declined by 28.97% from N156 billion in Q3’2014 to N111 billion in Q3 2015. Pre-tax profits also declined by 46.73% from N9.7 billion in Q3’2014 to N5.1 billion in Q3’2015. See Summary of result […]

[Corporate Action] Julius Berger’s Profit After Tax Drops By 46% to N3 billion In Q3’2015

Julius Berger Nigeria Plc released its financial results for the nine months ended 30 September 2015.

The result showed that revenue declined by 28.97% from N156 billion in Q3’2014 to N111 billion in Q3 2015.

Pre-tax profits also declined by 46.73% from N9.7 billion in Q3’2014 to N5.1 billion in Q3’2015.

See Summary of result below..

Julius Berger Q3 2015 2015 2014 % Change
N’m N’m
Revenue 111,503 156,979 -28.97%
Gross Profit 27,875 39,435 -29.31%
Operating Expenses -20,708 -26,832 -22.82%
Pre-tax profits 5,184 9,732 -46.73%
Profit After Tax 3,007 5,644 -46.72%
Share Price (As at Press time)  N38.83




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