Industrial and Medical Gases Nigeria Plc reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported sales was NGN 1,526.42 million compared to NGN 941.6 million a year ago. Net income was NGN 106.67 million compared to NGN 45.46 million a year ago. Basic earnings per share from continuing operations was NGN 0.26 compared to NGN 0.0917 a year ago.
For the full year, sales was NGN 5,338.88 million compared to NGN 3,699.23 million a year ago. Net income was NGN 466.13 million compared to NGN 372.02 million a year ago. Basic earnings per share from continuing operations was NGN 0.93 compared to NGN 0.7417 a year ago.