Q1 2018 Results: Julius Berger Nigeria Plc reports massive 249% increase in profits

Julius Berger Nigeria Plc today released its financial statements for the period ended Q1 March 31st 2018.

Here are the key highlights of the results;

Revenue

The company reported Revenue of ₦35.32 billion for the period ended March 2018 compared to ₦34.15 billion reported for the period ended March 2017. This represents a 3% increase for the comparative period in 2017.

Profit Before Tax

Profit before tax was ₦2.21 billion for the period ended March 2018, compared to a ₦17.1 million loss before tax reported for the period ended March 2017.

Profit After tax

The company’s profit after tax for the period ended March 2018 was ₦1.49 billion compared to a ₦426.9 million loss after tax reported March 2017.

Earnings Per Share 

Julius Berger Nigeria Plc also reported earnings per share of 223 kobo for the period ended March 2018 compared to 7 kobo loss per share reported for the period ended March 2017. .

DOWNLOAD JULIUS BERGER NIGERIA PLC Q1 2018 RESULTS.