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Home Markets Equities Company Results

2021 Q1 Results: Meyer Plc reports a 123% increase in profit to N5.7 million.

Chidi Emenike by Chidi Emenike
May 19, 2021
in Company Results, Consumer Goods, Markets
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Meyer Plc released its unaudited results for the first quarter of the year (Q1, 2021).

  • Revenue for the period was N223.5 million. (-15.5% YoY)
  • Cost of sales was N145.16 million. (-12.9% YoY)
  • Administrative expenses totalled N99.8 million. (-17.02% YoY)
  • Profit for the period was N5.68 million. (+122.7% YoY).
  • Earnings per share of 1 kobo(+120% YoY)

See link to results.

Tags: Company Financial ResultsMeyer Plc
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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