PRESCO Declares N3.65bn PAT in Q3 2019 Results,(SP:N38.40k)


Thursday, October 31, 2019  /1:17 PM / By NSE / Header Image Credit: Presco

Presco Plc released its Q3 unaudited 2019 results for the period ended September 30th, 2019.

Key Highlights

Revenue declined by -5.2% to N15.40bn from N16.24bn in the previous quarter.

Profit before tax declined by 35.9% to 4.79bn from 7.47bn.

Profit after tax declined by 30.9% to 3.65bn from 5.28bn.

Net Assets also grew by 6.8% to 25.8bn from 24.2bn as at December 31, 2018.

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