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Home Markets Equities Company Results

Cutix Plc posts profit after tax of N624.3 million in Q4 2020.

Chidi Emenike by Chidi Emenike
May 29, 2021
in Company Results, Markets
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Cutix Plc released its fourth quarter unaudited results for the period ended 30th April, 2021.

  • Revenue for the period was N6.7 billion. (+34.2% YoY)
  • Cost of sales was N4.94 billion.(+34.8% YoY)
  • Administration expenses totalled N552.7 million.(-6.3% YoY)
  • Profit for the period was N624.3 million.(+101.8% YoY)
  • Earnings per share of 35 kobo Vs 18 kobo YoY.
  • Total assets per share of N2.56 Vs N1.99 YoY.

See link to results.

Tags: Company Financial ResultsCutix 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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