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

Revenue  

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

Profit before tax 

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 

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 

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 FY 2018 RESULTS

Business day

 

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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