PRESCO releases Q1'19 Results and 2018 AFS: Declares N2.14bln PAT in Q1'19 Results,(SP:N58.00k)


Monday, June 03, 2019 / NSE

Presco Plc released its Q1 2019 and Audited 2018 results.


Key Highlights


Q1 2019

Revenue declined by -16.4% to N5.50bln from N6.59bln in 2018.

PBT declined by 24.9% to N2.57bln.

PAT declined by 17.6% to N2.14bln.

Net Assets also grew by 8.9% to N26.31bln from N24.17bln as at 31st December, 2018.


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Audited 2018

Revenue declined by -4.6% to N21.34bln from 22.36bln in 2017.

PBT declined by 19.1% to N6.32bln.

PAT grew by 25.2% to N4.28bln.

Net Assets also grew by 10.5% to N24.17bln from N21.87bln as at 31st December, 2017.


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Graph – One Year Share Price Movement


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