Presco Plc released its financial results for the nine months ended 30 September 2015.
The result showed that revenue rose by 16.23% from N6.9 billion in Q3’2014 to N8 billion in Q3’2015.
Pre-tax Profits also rose by 60.53% from N3 billion in Q3’2014 to N4.8 billion in Q3’2015.
PRESCO PLC Q3 2015 | 2015 | 2014 | % Change |
N’m | N’m | ||
Revenue | 8,044 | 6,921 | 16.23% |
Gross Profit | 4,709 | 2,924 | 61.05% |
Operating Expenses | -1,657 | -1,378 | 20.25% |
Pre-tax profits | 4,824 | 3,005 | 60.53% |
Profit After Tax | 3,523 | 2,218 | 58.84% |
Share Price (As at Press time) | Â N30.50 |