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Home Companies Company News

[Corporate Action] Presco Plc’s Profit After Tax Rises By 58% to N3.5 billion In Q3’2015

Editor by Editor
October 29, 2015
in Company News
Presco financial statement, Presco shares on NSE

Presco is into oil processing

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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.

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PRESCO PLC Q3 201520152014% Change
N’mN’m
Revenue8,0446,92116.23%
Gross Profit4,7092,92461.05%
Operating Expenses-1,657-1,37820.25%
Pre-tax profits4,8243,00560.53%
Profit After Tax3,5232,21858.84%
Share Price (As at Press time) N30.50

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