Presco Plc posts 174% growth in PAT for Q3 period ended 30th September, 2021

Presco Plc released its unaudited financial results for the nine months period ended 30th of September 2021.

• Revenue during the period was N34.24 billion. (+80.94% YoY)
• Cost of sales for the period was N10.71billion (+53.03%)
• Gross profit stood at N23.52 billion. (+97.32% YoY)
• Operating profit for the period was N18.13 billion. (+132.47% YoY)
• Profit before tax of N17.58 billion was recorded during the period.
• Profit for the period stood at N13.78 billion (+173.84%).
• Total assets during the period stood at N87.39 billion. (+13.62bn YtD)
• Earnings per share of N13.78 Vs N5.03 YoY.

See full result here