Industrial and Medical Gases Nigeria Plc reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was NGN 1,421.36 million compared to NGN 1,250.77 million a year ago. Net income was NGN 185.99 million compared to NGN 138.22 million a year ago. Basic earnings per share from continuing operations was NGN 0.37 compared to NGN 0.275 a year ago.
For the six months, sales was NGN 2,725.55 million compared to NGN 2,378.66 million a year ago. Net income was NGN 325.07 million compared to NGN 268.8 million a year ago. Basic earnings per share from continuing operations was NGN 0.65 compared to NGN 0.5417 a year ago.