2021 Q1 Results: Portland Paints and Products Nigeria Plc reports a 131% increase in profit.

Portland Paints and Products Nigeria Plc released its unaudited results for the first quarter of the year (Q1, 2021). Revenue from contracts with customers was N476.46 million. (+22% YoY) Cost of sales was N317.6 million. (+24.2% YoY) Administrative expenses totalled N86.7 million. (-22.7% YoY) Profit from continuing operations was N14.92 million. (+131.5% YoY) Earnings per […]