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PRESCO PLC
Shares of Presco Plc have surged over 19% month-to-date in February, surpassing both the N600 and N700 thresholds, up from the N475 level at the start of the year.
Presco PLC has announced a full-year pre-tax profit of N128 billion in its latest financial report, released on the Nigerian Exchange (NGX) on January 31, 2025.
Presco Plc released its financial report for the third quarter of 2024, recording a pre-tax profit of N16.6 billion, an increase from N10.8 billion in the same quarter of 2023.
Presco Plc has announced the resignation of Messrs. Chief (Dr.) Bassey Edem, M.F.R., Osa Osunde and HRH., Prince Aiguobasimwin Akenzua as Non-Executive Directors of the company.
As of August 2024, eight Nigerian stocks have achieved triple-digit Year-to-Date (YtD) gains, highlighting their exceptional performance amid market volatility.
Presco PLC ends another trading week in the green as its share price increases, continuing a three-month bull run.
Presco Plc has reported a pre-tax profit of N20.781 billion for Q2 ending June 30, 2024, representing a 159.77% year-on-year (YoY) increase.
The combined profit of Presco Plc and Okomu Oil Palm Company Plc, two leading quoted agricultural firms rose by 94.32% during the first quarter of 2024 amid volatility in the economy.
With an All-Share Index of 99,925.29 as of June 14, 2024, the market has a year-to-date return of 33.64%. This is in contrast with the 39.84% YTD return achieved at the end of Q1 2024.
Presco Plc has announced the appointment of Mr. Reji George as the new Managing Director of the company, effective June 7, 2024.
Shareholders at the 31st Annual General Meeting (AGM) of Presco Plc, approved a final dividend of N24.30 per ordinary share of 50 Kobo, totaling N24.3 billion, as recommended by the Board of Directors for the financial year ended December 31, 2023.
The Board also appointed Mrs Grace Titilayo Osuntoki and Mr. Abdul Akhor Bello as non-executive directors.