Presco Plc today released audited results for the financial year ended 31 December 2016
Revenue N’000
FY 2016| N15,716,198
FY 2015| N10,448,353
%age change|50%
Profit after tax N’000
FY 2016| N21,735,465
FY 2015| N2,493,595
%age change|772%
EPS (kobo)
FY 2016|0.22k
FY 2015|0.02k
%age change|N/A
Can this be real? PAT at over 38% above revenue? Revenue for the year is N15.7 billion while PAT is N21.7 billion? Abeg, make we check these numbers wella. Please share the link to the financials as always.
Thanks Nairametrics for the regular updates.