Julius Berger’s nine-month profit up by 37% as revenue hits N405 billion

Julius Berger witnessed a 36.8 per cent leap in post-tax profit for the nine months to September, according to its latest financial report.

The company also attained the highest revenue level ever for the first three quarters of the year.

Turnover increased by 21.5 per cent to N400 billion, compared to the same period of last year, but much of what was achieved in terms of revenue growth was dampened by cost pressures.

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