NASCON Allied industries Plc, today, released its H1 2018 financial statements for the period ended 30 June 2018.
Here are the key highlights of the reports:
Revenue
The company reported revenue of ₦12.82 billion for the period ended June 2018 compared to ₦12.72 billion reported for the period ended June 2017. This represents a 1% increase for the comparative period in 2017.
Profit Before Tax
Profit before tax was ₦3.24 billion for the period ended June 2018, a 13% increase from ₦2.88 billion reported for the period ended June 2017.
Profit After Tax
The company’s profit after tax for the half year ended 30th June 2018 was ₦2.20 billion as against ₦1.96 billion recorded in H1 2017. This represents a 12% increase for the comparative period in 2017.
Earnings Per Share
NASCON Allied industries Plc, however, reported earnings per share of 166 kobo for the period ended June 2018 compared 148 kobo reported for the comparative period in 2017.
Current Share Price
NASCON Allied industries Plc is currently trading at ₦20.80, up 2.72%.
Please can you reconfirm the EPS figures for NASCON because if i’m correct the company’s outstanding shares currently stands at 2.65 billion then the EPS for H1 2018 should be 0.83k. Kindly check this.