Cutix Plc reports N9.26bn revenue in 12 months

Cutix Plc at the weekend published its Financial Statement for the year ended 30 April 2023.

The Group reported a turnover of N9.26 billion for the 12 months period, up by 17.53% from N7.88 billion reported the previous year.

Profit after tax of N808.96 million was achieved for the year under review, marginally up by 0.13% from the profit after tax of N807.87 million reported the previous year.

Earnings per share of Cutix plc stands at N0.23.

At the share price of N2.5, the P/E ratio of Cutix Plc stands at 10.89x with earnings yield of 9.19%.