Tripple Gee & Company Plc reports profit after tax of N49.7 million in Q2 2021.

Tripple Gee & Company Plc released its unaudited financial results for the second quarter of the year ended 30th of September, 2021.

• Turnover during the period was N371.47 million. (-55.4% YoY)
• Cost of sales stood at N188.8 million. (-73% YoY)
• Distribution and administrative expenses totalled N108.75 million. (+87.1% YoY)
• An operating profit of N73.9 million was recorded.
• Total assets during the period stood at N3.48 billion. (+79.3 YoY)
• Profit after tax was N49.7 million. (+41.4 YoY)
• Earnings per share of 10.04 kobo Vs 7.10 kobo YoY.

See link to results.