In 42 months, investors were richer with a 48.85 per cent capital gain between 2020 and June 31, 2023. Kasimu Garba Kurfi , managing director, APT Securities and Funds Limited attributes this to the 2022 full year and Q1- 23 results.
In its 2022 financial year, the company announced a 46.02 per cent increase in revenue to N403.24 billion from N276.05 billion. Profit before tax grew 137.72 per cent to N82.30 billion from N34.02 billion. Profit after tax increased 148.25 per cent to N54.74 billion from N22.05 billion. The company paid a huge tax of N27.56 billion, up from N11.96 billion in 2021.
