Fidson Healthcare Plc post 190% increase in 2020 FY post-tax profit

Fidson Healthcare Plc released its 2020 FY results reporting a revenue of N18.28 billion representing a 29.97% increase from the N14.06 billion revenue reported a year earlier.

• Operating expenses during the year was N5.82 billion in 2020 compared to N3.92 billion in 2019. +48.50% YoY
• The company reported a profit after tax of N1.18 billion in 2020 compared to N407.19 million profit after tax in 2019. +190.18% YoY.
• No dividend announcement was made in their press release.
• The company share price of N6.15, up 4.02% YTD.

See link to results.