The company approved the first ever interim dividend of 90 kobo per share and a bonus share of two for one ordinary share.
These were contained in the company’s results released on the Nigerian Exchange Limited (NGX). Profit before tax grew by 63 per cent from N5.54 billion in H1, 2023 to N9.06 billion in 5.54 in 2024. Profit after tax amounted to N7.74 billion in H1, 2024, compared to N4.69 billion in H1, 2023, an increase of 65 per cent, while earnings per share up by 65 per cent to N2.58, compared to N1.56 in H1, 2023.
Gross earnings stood at N15.15 billion in H1 2024, a growth of 38 per cent when compared to N11.01 billion reported in H1 2023. Operating expenses for the period stood at N6.67 billion in H1 2024, compared to N5.75 billion in H1 2023.
