Presco financial statement, Presco shares on NSE
Presco is into oil processing

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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