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Home Markets Equities Company Results

2020 FY Results: Chemical and Allied Products Plc records a 30% decline in profit.

Chidi Emenike by Chidi Emenike
April 1, 2021
in Company Results, Markets
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Chemical and Allied Products Plc released its full-year results for the year ended 31st  December 2020.

  • Revenue for the year was N8.74 billion. (+3.9% YoY)
  • Administrative expenses totaled N1.71 billion. (+24.5% YoY)
  • Operating expenses was N2.27 billion. (+16.5% YoY)
  • Profit after tax was N1.22 billion. (-29.8% YoY)
  • Earnings per share of N1.75 Vs N2.49

See link to results.

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Tags: Chemical and Allied Products PlcCompany Financial Results
Chidi Emenike

Chidi Emenike

Chidi Emenike is a graduate of economics, a Young African Leadership Initiative Fellow and an Investment Foundations certificate holder. He worked as a graduate Teaching Assistant in the Federal College of Education Kano and is also a trained National Peer Group Educator on Financial Inclusion

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