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Academy Press declares 10 kobo dividend to shareholders

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Academy Press declares 10 kobo dividend to shareholders

Academy Press Plc has approved a dividend of 10 kobo to its shareholders for the year ended 31 March 2024.

The publishing firm reported revenue of N4.508 billion for the 12 months period, up by 0.21% from N4.499 billion reported the previous year.

The Group reported profit after tax of N73.611 million for the 6 months period, up by 149.3% from N29.527 million reported the previous year.

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Earnings per share of the Group stands at N0.10.

At the share price of N1.99, the P/E ratio of Academy Press stands at 20.44x with earnings yield of 4.89%.

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