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)  N30.50

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