Julius Berger Nigeria Plc profit after tax jumps by 144% in FY 2018

Julius Berger Nigeria Plc has released its results for the 2018 financial year. Here are the key highlights of the results.

Revenue increased from N141 billion in 2017 to N194 billion in 2018. This marks a 37.5% increase year on year.

Profit before tax jumped from N3.7 billion in 2017 to N10.1 billion in 2018. This amounts to a 172% increase year on year.

Profit after tax also rose from N2.5 billion in 2017 to N6.1 billion in 2018. This represents a 144% increase year on year.

Earnings per share also increased from N3.61 in 2017 to N5.30 in 2018. This marks a 46.8% increase year on year.

Julius Berger Nigeria Plc revenue hits N194 billion in FY 2018