AG Leventis released its 2013 FY results showing a profit after tax of N405million 43% higher than the N284million posted a year earlier.
Key take outs
- Gross revenue rose 7.8% to N11.9billion (2012 FY N11billion)
- Gross Profit rose 9% to N3billion (2012 FY N2.5billion
- Operating profit rose 39% to N1.1billion compared to N829million posted a year earlier
- Margins also improved during the period under review
- Loans increased to N4.6billion compared to N4.2billion a year earlier