PRESCO Releases Q4 2019 and Q1 2020 Results; Declares N1.8bn PAT in Q1 (SP:N49.85k)


Monday, June 01, 2020 / 6:49 PM / By NSE / Header Image Credit: Presco Plc

Presco Plc released its Q1 2020 Unaudited results for the period ended March 31st, 2020.

Key Highlights

  • Revenue declined by -2.4% to N5.4bn from N5.5bn in the previous quarter.

  • Profit before tax declined by 8.6% to N2.4bn.

  • Profit after tax declined by 15.9% to N1.8bn.

  • Net Assets grew by 6.5% to N29.7bn from N27.9bn.

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