Caverton Offshore Support Group release 9-month financial results for the period ended 30th September 2018.
Here are the key highlights of the results:
Revenue for the group increased from ₦14.83 billion in 2017 to ₦23.16 billion in the year under review. This represents a 56.12% increase year on year.
Profit Before Tax
Profit Before Tax increased from ₦1.89 billion in 2017 to ₦2.63 billion. This represents a 39.22% increase year on year.
Profit After Tax
Profit After Tax also increased from ₦1.19 billion in 2017 to ₦1.61 billion. This represents a 35.22% increase year on year.
Earnings Per Share
The Earnings Per Share also increased from 36 kobo in 2017 to 48 kobo in 2018. This represents a 33.3% increase year on year.
Current Share Price
Caverton Offshore Support Group is currently trading at ₦1.98 in today’s trading session on the floor of the Nigerian Stock Exchange.