Caverton Offshore Support Group reports profit after tax of N520 million in Q1 2021.

Caverton Offshore Support Group Plc released its unaudited results for the first quarter of the year (Q1, 2021).

• Revenue for the period was N8.2 billion. (+3.8% YoY)
• Operating profit for the period was N2.04 billion. (+124.2% YoY)
• EBITDA for the period was N2.5 billion. (+78.6% YoY)
• Profit before tax was N728 million. (+25.9% YoY)
• Earnings per share of 16 kobo Vs 13 kobo YoY.
• Net profit margin of 6% Vs 5% YoY.

See link to results.