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Home Companies Company News

[Corporate Action] NASCON Plc Posts 2.8% Rise In Profits to N1.6 billion

Research Team by Research Team
November 3, 2015
in Company News
More pain for Dangote as NASCON post 31% drop in 2014 earnings per share
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NASCON Allied Industries Plc released its financial results for the period ended 30 September 2015.

The result showed that revenue rose by 24.72% from N8.1 billion in 2014 to N10.1 billion in 2015.

Gross Profits also rose by 9.40% from N2.9 billion in 2014 to N3.2 billion in 2015.

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See Summary of result below..

NASCON ALLIED IND PLC Q3 201520152014% Change
N’mN’m
Revenue10,1928,17224.72%
Gross Profit3,2372,9599.40%
Operating Expenses-960-70037.14%
Pre-tax profits2,3802,3431.58%
Profit After Tax1,6181,5732.86%
Share Price (As at Press time)

DOWNLOAD RESULT

 

Tags: News ReviewNigerian Company Results
Research Team

Research Team

The Research Team at Nairametrics meticulously monitors, gathers, curates, and administers an extensive repository of both macroeconomic and microeconomic data originating from Nigeria and across Africa. Utilizing a variety of presentation formats—including documents, tables, and charts—our analysts disseminate key findings through the Nairametrics platform. Additionally, we regularly release insightful, research-driven articles that offer in-depth analyses of economic trends and indicators.

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