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Nairametrics
Home Markets Equities Company Results

Nascon Allied Industries Plc rakes in N1.45 billion profits in 6 months.

Chidi Emenike by Chidi Emenike
July 26, 2021
in Company Results, Markets
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Nascon Allied Industries Plc released its unaudited financial statements for the period ended 30th of June, 2021.

  • Revenue for the period was N17.57 billion. (+20.9% YoY)
  • Cost of sales was N10.6 billion. (+22.1% YoY)
  • Operating profit was N2.13 billion. (-12.1% YoY)
  • Administrative expenses totalled N1.36 billion. (+29.9% YoY)
  • Profit for the period was N1.45 billion. (-2.5% YoY)
  • Earnings per share of N1.09 Vs N1.12 YoY
  • Total assets for the period was N45.7 billion

See link to results.

Tags: Company Financial ResultsNascon Allied Industries 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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