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Julius Berger post disappointing earnings, propose N2.7 dividend per share

Nairametrics by Nairametrics
March 24, 2015
in Uncategorized
Julius Berger post disappointing earnings, propose N2.7 dividend per share
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Julius Berger released its 2014 FY results showing revenue dropped 7.4% to N196.8billion (2013 N212.7b). Pre-tax profits was down 19% to N13.1billion (2013 N16.2billion) whilst profit after tax rose 4.9% to N8.2billion (2013: N7.8b).

The increase in profits after tax was mainly due to lower taxes paid in 2014 compared to 2013. The company also posted a lower EPS of N6.13 (2013 N6.72).

Julius Berger proposed dividend of N2.7 per share.

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Get Julius Berger 2014 FY results here

 

Tags: Julius BergerNigerian Company Results
Nairametrics

Nairametrics

Nairametrics is Nigeria's top business news and financial analysis website. We focus on providing resources that help small businesses and retail investors make better investing decisions. Nairametrics is updated daily by a team of professionals. Post updated as "Nairametrics" are published by our Editorial Board.

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Comments 1

  1. Uyi says:
    March 30, 2015 at 3:57 pm

    I am still looking at this wonderful company to invest in for long term if the fund is available..

    Reply

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