Connect with us

Business

PZ Cussons reports N113bn revenue, boosts profit after tax by 114% in one year

Published

on

PZ Cussons reports N113bn revenue, boosts profit after tax by 114% in one year

The Audited Financial Statement of PZ Cussons for the year ended 31 May 2023 show significant growth in the Company’s bottom line figures with 114% growth in its profit after tax for the 12 months period.

The Group reported revenue of N113.964 billion for the 12 months period, up by 14.53% from N99.503 reported the previous year.

Profit after tax grew year on year by 114% to N14.348 billion from N6.699 billion reported the previous year.

News continues after this Advertisement

Earnings per share of PZ stands at N3.61.

At the share price of N20, the P/E ratio of PZ Cussons Nigeria Plc stands at 5.53x with earnings yield of 18.07%.

News continues after this Advertisement
News continues after this Advertisement
Continue Reading
Advertisement
1,113 Comments

Leave a Reply

Your email address will not be published. Required fields are marked *