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Home Business News

CAP Plc releases results for 12 months ended December 2017

Onome Ohwovoriole by Onome Ohwovoriole
March 25, 2018
in Business News, Company News
CAP Plc releases results for 12 months ended December 2017

Larry Ettah Chairman CAP Plc

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CAP Plc over the weekend, released its financial statements for the year ended December 2017. Revenue increased by 4% from ₦6.8 billion in 2016 to ₦7.1 billion in 2017.

 

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Profit before tax dropped by 5% from ₦2.2 billion in 2016 to ₦2.1 billion in 2017. Profit after tax fell by 7% from ₦1.6 billion in 2016 to ₦1.4 billion in 2017. The Company has declared a dividend per share of ₦2.03 per share.

Here is a copy of the result.


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Tags: 2017 FY resultsCAP Plc
Onome Ohwovoriole

Onome Ohwovoriole

Onome Ohwovoriole has a degree in Economics and Statistics from the University of Benin and prior to joining Nairametrics in December 2016 as Lead Analyst had stints in Publishing, Automobile Services, Entertainment and Leadership Training. He covers companies in the Nigerian corporate space, especially those listed on the Nigerian Stock Exchange (NSE). He also has a keen interest in new frontiers like Cryptocurrencies and Fintech. In his spare time, he loves to read books on finance, fiction as well as keep up with happenings in the world of international diplomacy. You can contact him via onome.ohwovoriole@nairametrics.com

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