Nascon Allied Industries Plc rakes in N1.45 billion profits in 6 months.

Nascon Allied Industries Plc released its unaudited financial statements for the period ended 30th of June, 2021.

• Revenue for the period was N17.57 billion. (+20.9% YoY)
• Cost of sales was N10.6 billion. (+22.1% YoY)
• Operating profit was N2.13 billion. (-12.1% YoY)
• Administrative expenses totalled N1.36 billion. (+29.9% YoY)
• Profit for the period was N1.45 billion. (-2.5% YoY)
• Earnings per share of N1.09 Vs N1.12 YoY
• Total assets for the period was N45.7 billion

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