[Corporate Action] Chellarams Posts 115% Rise In Profits 2015 Q1


Chellarams released its 2015 Q1 results and recorded a 25% drop in revenue from N7.1billion to N5.3billion, although the Profit after tax rose 115%.

Summary of the result below…

Chellarams Q1 2015 2015 2014
N’m N’m
Revenue 5,396 7,167 -25%
Gross Profit 962 702 37%
Operating Expenses -623 -761 -18%
Pre-tax profits 22 -147 115%
Profit After Tax 22 -147 115%
Current Share Price  3.95

 

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